Australian Materials Price disconnect

West African Resources

Market Cap: AU$3.2b

Engages in the mining, mineral processing, acquisition, exploration, and project development of gold projects in West Africa.

Westgold Resources

Market Cap: AU$3.0b

Engages in the exploration, operation, development, mining, and treatment of gold and other assets primarily in Western Australia.

Perenti

Market Cap: AU$2.1b

Operates as a mining services company worldwide.

Alkane Resources

Market Cap: AU$1.2b

Operates as a gold exploration and production company in Australia.

Macmahon Holdings

Market Cap: AU$917.3m

Provides surface mining, underground mining and mining support, and civil infrastructure services to mining companies in Australia and Southeast Asia.

GR Engineering Services

Market Cap: AU$749.7m

Provides engineering, procurement, and construction services to the mining and mineral processing industries in Australia and internationally.

Kingsgate Consolidated

Market Cap: AU$746.6m

Engages in the exploration, development, and mining of gold and silver mineral properties.

Tribune Resources

Market Cap: AU$257.1m

Engages in the development, exploration, and production of mineral properties in Australia.

AIC Mines

Market Cap: AU$241.1m

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

Bisalloy Steel Group

Market Cap: AU$207.4m

Engages in the manufacture and sale of quenched and tempered, high-tensile, and abrasion resistant steel plates in Australia, Indonesia, Thailand, and internationally.

Indiana Resources

Market Cap: AU$27.0m

Engages in the exploration of rare earth elements, gold, and base metals in Australia.

Gullewa

Market Cap: AU$16.1m

Engages in the exploration, evaluation, and mining of mineral properties in Australia.