Global Materials Growth at Reasonable Price

Sinomine Resource Group

Market Cap: CN¥21.7b

Operates as a geological exploration technology services company.

LG Chem

Market Cap: ₩14.4t

Engages in the petrochemicals, energy, advanced materials, and life science businesses in Korea, China, Asia/Oceania, the United States, Europe, and internationally.

Coronado Global Resources

Market Cap: AU$310.1m

Produces, markets, and exports metallurgical coal in Asia, North America, South America, Europe, Australia, and internationally.

Solvay

Market Cap: €3.1b

Provides basic and performance chemicals worldwide.

Lenzing

Market Cap: €1.1b

Produces and markets regenerated cellulosic fibers for textiles and nonwovens.

AirBoss of America

Market Cap: CA$115.9m

Manufactures and sells rubber-based products in Canada, the United States, and internationally.

Hanwha Solutions

Market Cap: ₩6.6t

Operates in the chemicals, energy solutions, and advanced materials business areas in South Korea and internationally.

AIC Mines

Market Cap: AU$198.6m

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

Ningxia Baofeng Energy Group

Market Cap: CN¥119.5b

Produces, processes, and sells coal mining, washing, coking, coal tar, crude benzene, C4 deep-processed, methanol, and olefin products.

West Fraser Timber

Market Cap: CA$8.3b

A diversified wood products company, engages in manufacturing, selling, marketing, and distributing lumber, engineered wood products, pulp, newsprint, wood chips, and other residuals and renewable energy.

Hudbay Minerals

Market Cap: CA$4.6b

A diversified mining company, focuses on the exploration, development, operation, and optimization of properties in North and South America.

Acerinox

Market Cap: €2.7b

Manufactures, process, and markets stainless steel products in Spain, the United States, Africa, Asia, Rest of Europe, and internationally.

Outokumpu Oyj

Market Cap: €1.4b

Produces and sells various stainless steel products in Finland, Germany, Italy, the United Kingdom, other European countries, North America, the Asia-Pacific, and internationally.

Warrior Met Coal

Market Cap: US$2.5b

Engages in the production and export of non-thermal steelmaking coal for the steel production by metal manufacturers in Europe, South America, and Asia.

B2Gold

Market Cap: CA$5.4b

Operates as a gold producer company in Canada.

Anhui Jinhe IndustrialLtd

Market Cap: CN¥13.6b

Engages in the chemicals business in China.

Mitsui Chemicals

Market Cap: JP¥587.7b

Engages in the mobility, life and health care, basic and green materials, ICT, and other businesses worldwide.

Sahara International Petrochemical

Market Cap: ر.س13.9b

Owns, establishes, operates, and manages industrial projects related to chemical and petrochemical industries in the Kingdom of Saudi Arabia.

Canfor

Market Cap: CA$1.6b

Operates as an integrated forest products company in the United States, Asia, Canada, Europe, and internationally.

Wesdome Gold Mines

Market Cap: CA$2.5b

Wesdome Gold Mines Ltd. mines, develops, and explores for gold and silver deposits in Canada.

Tubacex

Market Cap: €478.3m

Engages in the manufacturing and sale of stainless steel and nickel tubes in Spain and internationally.

Methanex

Market Cap: CA$3.2b

Produces and supplies methanol in Asia Pacific, North America, Europe, and South America.

Torex Gold Resources

Market Cap: CA$3.5b

Operates as an intermediate gold producer.

James Hardie Industries

Market Cap: AU$16.5b

Engages in the manufacture and sale of fiber cement, fiber gypsum, and cement bonded building products for interior and exterior building construction applications primarily in the United States, Australia, Europe, New Zealand, and the Philippines.

OCI Holdings

Market Cap: ₩1.4t

Provides various chemical products and energy solutions in South Korea, the United States, China, rest of Asia, Europe, and internationally.

29Metals

Market Cap: AU$226.2m

Explores, develops, and produces copper focused base and precious metals.

PI Advanced Materials

Market Cap: ₩528.6b

Engages in the manufacture and sale of polyimide-based materials in South Korea.

Saudi Kayan Petrochemical

Market Cap: ر.س8.2b

Manufactures and sells chemicals, polymers, and specialty products.

Capstone Copper

Market Cap: CA$5.2b

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

Bioceres Crop Solutions

Market Cap: US$284.1m

Provides crop productivity solutions.

Interfor

Market Cap: CA$696.2m

Produces and sells wood products in Canada, the United States, Japan, China, Taiwan, and internationally.

Centerra Gold

Market Cap: CA$1.9b

Engages in the acquisition, exploration, development, and operation of gold and copper properties in North America, Turkey, and internationally.

Metsä Board Oyj

Market Cap: €1.3b

Engages in the folding boxboard, fresh fibre linerboard, and market pulp businesses in Finland and internationally.

Westgold Resources

Market Cap: AU$2.4b

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

South32

Market Cap: AU$13.3b

Operates as a diversified metals and mining company.