Global Materials Undervalued based on future growth

Taoka Chemical Company

Market Cap: JP¥17.5b

Manufactures and sells various chemicals in Japan and internationally.

Vittia

Market Cap: R$663.8m

Offers fertilizers in Brazil and internationally.

Bathurst Resources

Market Cap: AU$184.8m

Engages in exploration, development, and production of coal in New Zealand.

Thong Guan Industries Berhad

Market Cap: RM 502.0m

An investment holding company, manufactures and trades in plastic products and packaged food, beverages, and other consumable products in Malaysia, Oceania, Europe, North America, and internationally.

Capral

Market Cap: AU$181.6m

Engages in the manufacturing and distribution of fabricated and semi-fabricated aluminum related products in Australia.

Sunjin Beauty ScienceLtd

Market Cap: ₩161.9b

SUNJIN BEAUTY SCIENCE Co. ,Ltd. researches, develops, manufactures, and exports cosmetics, surfactant, and polymer bead products.

Nippon Carbide Industries

Market Cap: JP¥16.0b

Engages in the electronic and functional products, and films and sheetings business in Japan, Asia, and internationally.

Bodal Chemicals

Market Cap: ₹8.7b

Engages in the manufacture and sale of dyestuffs, dyes intermediates, and other chemicals in India.

Thai Eastern Group Holdings

Market Cap: ฿3.0b

Engages in the rubber, palm oil, renewable energy and organic waste management, and logistics businesses in Thailand and internationally.

Dong Hai Ben Tre

Market Cap: ₫2.4t

Manufactures, sells, and trades in pulp, kraft paper, paper board, and carton packaging products in Vietnam.

MLG Oz

Market Cap: AU$117.4m

Provides mine site and supply chain solutions in Western Australia and the Northern Territory.

Ultrafabrics HoldingsLtd

Market Cap: JP¥11.0b

Manufactures and sells polyurethane leather products in Japan, North America, Europe, and internationally.

DGL Group

Market Cap: AU$108.4m

Provides specialty chemical formulation, warehousing distribution, waste management and recycling solutions in Australia, New Zealand, and the United States.

Critical Elements Lithium

Market Cap: CA$86.1m

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

QPM Energy

Market Cap: AU$96.0m

Operates as an independent gas producer in Australia.

Moulinvest

Market Cap: €52.0m

Operates in the wood industry business in France.

BP Plastics Holding Bhd

Market Cap: RM 253.3m

An investment holding company, engages in the manufacturing and trading of plastic products in Malaysia, rest of Asia, and internationally.

Borgestad

Market Cap: NOK 585.5m

Focuses on real estate and refractory in Norway.

Techbond Group Berhad

Market Cap: RM 242.8m

Develops, manufactures, and trades in industrial adhesives and sealants in Malaysia, Vietnam, Indonesia, China, and internationally.

Petropavlovsk

Market Cap: UK£47.5m

Petropavlovsk PLC operates as a gold mining company in the Far East of Russia.

Flexible Solutions International

Market Cap: US$55.1m

Develops, manufactures, and markets specialty chemicals that slow the evaporation of water in Canada, the United States, and internationally.

Neodecortech

Market Cap: €39.3m

Engages in the production and marketing of decorative papers for the industrial sectors of wood and furnishing accessories in Italy, Europe, Asia, the Middle East, the United States, and Africa.

Hulamin

Market Cap: R679.7m

Engages in the manufacture and distribution of rolled and extruded aluminum products in South Africa, North America, Europe, Asia, the Middle East, Australasia, South America, and rest of Africa.

Bulmetal JSC

Market Cap: лв63.3m

Manufactures and sells metal packaging for food and chemical industries in Bulgaria.

Panjawattana Plastic

Market Cap: ฿1.2b

Manufactures and distributes plastic packaging and industrial plastic parts in Thailand and internationally.

Winstar Capital Berhad

Market Cap: RM 152.3m

An investment holding company, engages in manufacturing, Fabrication, and selling of aluminium products in Malaysia.

HPP Holdings Berhad

Market Cap: RM 143.8m

An investment holding company, provides pre-press and post-press packaging services in Malaysia, Thailand, the United States, Singapore, the Philippines, Mexico, and internationally.

cottaLTD

Market Cap: JP¥4.8b

Engages in manufacture and sale of confectionary food materials and food packaging materials in Japan and internationally.

SciDev

Market Cap: AU$50.4m

Provides environmental solutions focused on water intensive industries in Australia, the United States, Asia, and internationally.

Mitchell Services

Market Cap: AU$49.7m

Provides exploration, and mine site and geotechnical drilling services to the exploration, mining, and energy industries in Australia.

Delignit

Market Cap: €25.2m

Engages in the development, production, and sale of ecological materials and system solutions in Germany.

Trigon Metals

Market Cap: CA$15.2m

Engages in the acquisition, exploration, development, and maintenance of mines and mineral properties in the African continent.