Global Materials Undervalued based on future growth

TCC Steel

Market Cap: ₩415.5b

Engages in the manufacture and sale of stone coated steel sheets, and other surface-treated steel sheets in South Korea, Asia, Europe, the Middle East, North America, and internationally.

Tharisa

Market Cap: R5.4b

An investment holding company, engages in the mining, processing beneficiation, marketing, sale, and logistics of platinum group metals (PGMs) and chrome concentrates in South Africa, China, Singapore, Hong Kong, the United States, Australia, Japan, and internationally.

KB Components

Market Cap: SEK 2.9b

Designs, develops, manufactures, and sells polymer components for light vehicles, heavy vehicles, medical, furniture, lighting, chrome plating, and industrial applications in Sweden and internationally.

Alkane Resources

Market Cap: AU$451.1m

Operates as a gold exploration and production company in Australia.

Cahya Mata Sarawak Berhad

Market Cap: RM 1.2b

An investment holding company, engages in the manufacture and trading of cement and construction materials in Malaysia and internationally.

Magna Mining

Market Cap: CA$362.4m

Engages in the acquisition, exploration, and development of mineral properties in Canada.

Asia Pile Holdings

Market Cap: JP¥36.2b

Through its subsidiaries, engages in the foundation construction business in Japan and Vietnam.

DKS

Market Cap: JP¥35.6b

Engages in the production and sale of surfactants, other industrial chemicals, and life sciences-related products in Japan and internationally.

Sylvania Platinum

Market Cap: UK£182.1m

Engages in the retreatment of platinum group metals (PGM) bearing chrome tailings materials in South Africa.

D.G. Khan Cement

Market Cap: PK₨68.5b

Produces and sells clinker, low alkali cement, and ordinary Portland and sulphate resistant cement in Pakistan.

Nampak

Market Cap: R4.3b

Engages in the manufacture and sale of packaging products in South Africa and rest of Africa.

Ancom Nylex Berhad

Market Cap: RM 1.0b

Engages in the agricultural and industrial chemicals, public health and hygiene, animal health, polymer, logistics, information technology (IT), and media businesses in Malaysia and internationally.

Hi-Tech Pipes

Market Cap: ₹20.1b

Manufactures and sells steel in India.

Nam Kim Steel

Market Cap: ₫6.0t

Engages in the manufacture and sale of steel and other products in Vietnam and internationally.

Kukdo Chemical

Market Cap: ₩292.3b

Manufactures and sells epoxy and polyol resins.

BORETECH Resource Recovery Engineering

Market Cap: NT$6.3b

BORETECH Resource Recovery Engineering CO., LTD.

Mpact

Market Cap: R3.8b

Engages in the paper and plastic packaging, and recycling business in South Africa and internationally.

Arctic Paper

Market Cap: zł769.1m

Engages in the production and sale of paper for printing houses, paper distributors, book and magazine publishing houses, and the advertising industries in Poland, Germany, France, the United Kingdom, Scandinavia, other Western Europe, Central and Eastern Europe, and internationally.

WONIK MaterialsLtd

Market Cap: ₩281.2b

Manufactures and sells specialty gases in South Korea, China, and internationally.

Eastern Polymer Group

Market Cap: ฿6.6b

Through its subsidiaries, engages in the manufacture and distribution of rubber insulation, automotive, and plastic packing products in Thailand and internationally.

Daehan Steel

Market Cap: ₩270.7b

Engages in the manufacture and sale of steel products in South Korea and internationally.

Thrace Plastics Holding

Market Cap: €161.0m

Produces and distributes polypropylene products in Greece and internationally.

Huhtamaki India

Market Cap: ₹15.9b

Manufactures and sells of flexible consumer packaging and labelling solutions in India.

Serabi Gold

Market Cap: UK£134.4m

Engages in the evaluation, exploration, and development of gold and other metals mining projects in Brazil.

Soken Chemical & Engineering

Market Cap: JP¥24.5b

Manufactures and sells acrylic pressure-sensitive adhesives, functional polymers, organic fine particles, and adhesive tapes in Japan, China, and internationally.

I G Petrochemicals

Market Cap: ₹14.5b

Engages in the manufacture and sale of organic chemicals in India and internationally.

Pioneer Cement

Market Cap: PK₨47.1b

Manufactures, markets, and sells cement and clinker products in Pakistan.

Central Omega Resources

Market Cap: Rp2.6t

Engages in the mineral mining business in Indonesia.

Jubilee Metals Group

Market Cap: UK£109.0m

Jubilee Metals Group plc operates as a diversified metals processing and recovery company.

OM Holdings

Market Cap: AU$221.7m

An investment holding company, engages in mining, smelting, trading, and marketing manganese ores and ferroalloys worldwide.

CNMC Goldmine Holdings

Market Cap: S$178.3m

An investment holding company, engages in the exploration and mining of gold deposits in Malaysia.

Fenix Resources

Market Cap: AU$211.2m

Engages in the exploration, development, and mining of mineral tenements in Western Australia.

AIC Mines

Market Cap: AU$198.6m

Engages in exploration, acquisition, and development of mineral properties in Australia.

Moorim P&P

Market Cap: ₩176.5b

Produces and sells paper and pulp products in South Korea and internationally.

Pantech Group Holdings Berhad

Market Cap: RM 534.2m

An investment holding company, manufactures and sells steel pipes, fittings, flanges, valves, and other related products in Malaysia, the Republic of Singapore, the United Kingdom.

Fumakilla

Market Cap: JP¥17.9b

Manufactures, sells, imports, and exports household, gardening, and business products worldwide.