Global Materials Price disconnect

Zijin Mining Group

Market Cap: CN¥880.0b

Engages in the exploration, mining, processing, refining, and sale of gold, non-ferrous metals, and other mineral resources in Mainland China and internationally.

BASF

Market Cap: €47.8b

Operates as a chemical company worldwide.

Heidelberg Materials

Market Cap: €33.5b

Produces and distributes cement, aggregates, ready-mixed concrete, and asphalt worldwide.

Nan Ya Plastics

Market Cap: NT$647.2b

Engages in the production and sale of plastic processed products, polyester fibers, chemical products, and electronic materials in Taiwan, China and Hong Kong, the United States, and internationally.

Alamos Gold

Market Cap: CA$28.2b

Operates as a gold producer in Canada and Mexico.

Zhongjin GoldLtd

Market Cap: CN¥132.9b

Engages in the mining, smelting, and sale of non-ferrous metals in China.

Yunnan Aluminium

Market Cap: CN¥120.0b

Produces and sells aluminum primarily in China.

China Jushi

Market Cap: CN¥115.8b

Manufactures and sells fiberglass and related products in China and internationally.

PhosAgro

Market Cap: ₽1.0t

Public Joint-Stock Company PhosAgro, together with its subsidiaries, engages in the production and distribution of apatite concentrate and mineral fertilizers in Russia and internationally.

Zhejiang Juhua

Market Cap: CN¥94.0b

Researches, develops, produces, and sells chemical raw materials, food packaging materials, fluorine chemical raw materials, and subsequent products in China.

MMG

Market Cap: HK$100.6b

An investment holding company, engages in the exploration, development, and mining of mineral properties.

Citic Pacific Special Steel Group

Market Cap: CN¥85.8b

CITIC Pacific Special Steel Group Co., Ltd engages in the manufacture and sale of steel materials in China.

Shanjin International Gold

Market Cap: CN¥84.9b

Explores for, mines, and trades in precious and non-ferrous metal ores in China.

Chifeng Jilong Gold Mining

Market Cap: CN¥83.0b

Engages in the exploration, mining, beneficiation, and sale of gold in China, Southeast Asia, and West Africa.

Western MiningLtd

Market Cap: CN¥64.5b

Engages in the mining, beneficiation, smelting, and trading of metals in Mainland China and internationally.

China Gold International Resources

Market Cap: CA$12.3b

A gold and base metal mining company, acquires, explores, develops, and mines mineral resources in the People’s Republic of China and Canada.

Wanguo Gold Group

Market Cap: HK$61.6b

An investment holding company, engages in mining, ore processing, and sale of concentrate products in the People’s Republic of China and Solomon Islands.

Eldorado Gold

Market Cap: CA$10.0b

Engages in the mining, exploration, development, and sale of mineral products primarily in Turkey, Canada, and Greece.

Inner Mongolia Junzheng Energy & Chemical GroupLtd

Market Cap: CN¥46.8b

Inner Mongolia Junzheng Energy & Chemical Group Co.,Ltd.

Artemis Gold

Market Cap: CA$9.4b

Engages in the identification, acquisition, and development of gold properties in Canada.

Capstone Copper

Market Cap: CA$9.3b

A copper mining company, mines, explores for, and develops mineral properties in the United States, Chile, and Mexico.

Shandong Sunpaper

Market Cap: CN¥42.4b

Produces and sells paper products in China and internationally.

Magnitogorsk Iron & Steel Works

Market Cap: ₽352.0b

Public Joint Stock Company Magnitogorsk Iron & Steel Works, together with its subsidiaries, produces and sells ferrous metal products in Russia and the CIS countries, the Middle East, South Africa, Asia, Europe, North America, and Africa.

Sonoco Products

Market Cap: US$5.6b

Designs, develops, manufactures, and sells various engineered and sustainable packaging products in the United States, Europe, Canada, the Asia Pacific, and internationally.

Minsur

Market Cap: S/18.4b

Engages in the mining business in Peru, Europe, the United States, Asia, Canada, and internationally.

Genesis Minerals

Market Cap: AU$7.5b

Engages in the gold mining, project development and exploration activities in Western Australia.

Nanjing Iron & Steel

Market Cap: CN¥35.6b

Produces and sells steel and related products in China and internationally.

Aneka Tambang

Market Cap: Rp89.2t

Operates as a diversified metals and mining company in Indonesia.

Hunan Valin Steel

Market Cap: CN¥35.1b

Produces and sells steel products in China.

Torex Gold Resources

Market Cap: CA$6.3b

A mineral exploration company, engages in the acquisition, exploration, and development of mineral properties in Mexico and the United States.

MeiHua Holdings GroupLtd

Market Cap: CN¥30.9b

Manufactures nutritional products and solutions in China and internationally.

Westgold Resources

Market Cap: AU$6.3b

Engages in the exploration, development, and operation of gold mines in Western Australia.

K92 Mining

Market Cap: CA$6.1b

Engages in the exploration and development of mineral deposits in Papua New Guinea.

Xinfengming Group

Market Cap: CN¥29.4b

Researches, develops, produces, and sells polyester filaments.

Aris Mining

Market Cap: CA$5.9b

Engages in the acquisition, exploration, development, and operation of gold properties in Canada, Colombia, and Guyana.

Trimegah Bangun Persada

Market Cap: Rp72.1t

PT Trimegah Bangun Persada TBK engages in the nickel ore mining and processing in Indonesia and distributes the products to China, Switzerland, Hong Kong, Sweden, and Singapore.