Global Materials Growth at Reasonable Price

Allied Gold

Market Cap: CA$4.5b

Operates as gold mining company in Africa.

Asia-potash International Investment (Guangzhou)Co.Ltd

Market Cap: CN¥44.1b

Engages in the processing, production, sale, and marketing of potash fertilizers in China and internationally.

Resolute Mining

Market Cap: AU$3.0b

Engages in mining, prospecting, and exploration of mineral properties in Africa.

Sinomine Resource Group

Market Cap: CN¥36.9b

Engages in the development and utilization of lithium-ion battery raw materials in China and internationally.

Jiaxin International Resources Investment

Market Cap: HK$29.4b

Operates as a tungsten mining company focusing on the development of the Boguty Project based in the Republic of Kazakhstan.

Rio2

Market Cap: CA$1.9b

Engages in the exploration, development, and mining of mineral properties in Canada, Peru, Bahamas, and Chile.

West African Resources

Market Cap: AU$4.5b

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

K92 Mining

Market Cap: CA$7.6b

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

Pantoro Gold

Market Cap: AU$1.1b

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

Ramaco Resources

Market Cap: US$719.9m

Engages in the development, operation, and sale of metallurgical coal.

Vale Indonesia

Market Cap: Rp54.8t

Engages in the mining and processing of nickel in Indonesia.

McEwen

Market Cap: US$1.3b

Engages in the exploration, development, production, and sale of gold and silver deposits in the United States, Canada, Mexico, and Argentina.

Nickel Industries

Market Cap: AU$3.8b

Engages in nickel ore mining, nickel pig iron, cobalt, and nickel matte production activities.

Orezone Gold

Market Cap: CA$1.9b

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

Algoma Steel Group

Market Cap: US$423.7m

Produces and sells steel products in Canada, the United States, and internationally.

Ganfeng Lithium Group

Market Cap: CN¥102.4b

Manufactures and sells lithium products in China.

Sylvania Platinum

Market Cap: UK£238.1m

Operates as a producer of platinum group metals including platinum, palladium, and rhodium, and chrome in South Africa.

Atalaya Mining Copper

Market Cap: UK£1.6b

Engages in the mineral exploration and development in Spain.

Caledonia Mining

Market Cap: US$483.4m

Engages in the exploration, development, and production of gold in Zimbabwe.

Ora Banda Mining

Market Cap: AU$3.1b

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

Archi Indonesia

Market Cap: Rp34.7t

Through its subsidiaries, engages in gold and silver mining business in Indonesia.

Galiano Gold

Market Cap: CA$876.3m

Operates as a gold mining company.

SSR Mining

Market Cap: CA$10.9b

Engages in the acquisition, exploration, and development of precious metal resource properties in the United States, Türkiye, Canada, and Argentina.

Eldorado Gold

Market Cap: CA$16.8b

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

Pan American Silver

Market Cap: CA$30.9b

Engages in the exploration, mine development, extraction, processing, refining, and reclamation of mines in Chile, Peru, Brazil, Mexico, Canada, Argentina, Bolivia, and Guatemala.

Greenpanel Industries

Market Cap: ₹19.4b

Engages in the manufacturing and sale of plywood, medium density fibre board (MDF), and allied products under the Greenpanel brand name in India and internationally.

Guangzhou Tinci Materials Technology

Market Cap: CN¥74.7b

Engages in the research, development, production, and sale of fine chemical materials in China and internationally.

Chemplast Sanmar

Market Cap: ₹28.1b

Engages in manufacturing and selling of specialty chemicals in India.

Aurelia Metals

Market Cap: AU$702.8m

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

ERAMET

Market Cap: €1.3b

Produces and sells manganese and nickel metals in Asia, Europe, North America, and internationally.

Advanced Petrochemical

Market Cap: ر.س6.4b

Engages in the production and sale of propylene, polypropylene, isopropyl alcohol, polysilicon, and polysilicon downstream products in the Kingdom of Saudi Arabia and internationally.

Merdeka Copper Gold

Market Cap: Rp73.7t

Engages in the mining activities in Indonesia.

Sagar Cements

Market Cap: ₹21.8b

Manufactures and sells cement in India.

Billerud

Market Cap: SEK 19.1b

Provides paper and packaging materials worldwide.

Mondi

Market Cap: UK£3.8b

Engages in the manufacture and sale of packaging and paper solutions in Africa, Western Europe, Emerging Europe, North America, South America, Asia, and Australia.

Kenmare Resources

Market Cap: UK£182.0m

Engages in the production and sale of mineral sand products in China, Europe, rest of Asia, Saudi Arabia, the United States, and internationally.