Global Materials Low Leverage High Rewards

Hailir Pesticides and Chemicals GroupLtd

Market Cap: CN¥3.7b

Engages in the research, development, production, sale, and technical servicing of pesticides, pesticide pharmaceutical intermediates, and functional fertilizers in China and internationally.

Boliden

Market Cap: SEK 145.4b

Engages in the extracting, producing, and recycling of base metals in Sweden, Finland, other Nordic region, Germany, the United Kingdom, Europe, North America, and internationally.

Toyo Drilube

Market Cap: JP¥5.2b

Engages in the research and development, manufacture, coating processing, and sale of solid film lubricants and functional film coating agents in Japan and internationally.

MeiHua Holdings GroupLtd

Market Cap: CN¥22.2b

Manufactures nutritional products and solutions in China and internationally.

Tay Ninh Rubber

Market Cap: ₫2.2t

Engages in the rubber plantation company.

Fortescue

Market Cap: AU$56.8b

Engages in the exploration, development, production, processing, and sale of iron ore in Australia, China, and internationally.

Nasu Denki-Tekko

Market Cap: JP¥23.5b

Designs, manufactures, and sells electricity, communications, and transportation infrastructure materials in Japan.

Shandong Weifang Rainbow Chemical

Market Cap: CN¥19.3b

Operates as a crop protection company in China.

Vitreous Glass

Market Cap: CA$44.5m

Vitreous Glass Inc. cleans, crushes, and sells waste glass to the fiberglass manufacturing industry in Canada.

PGP Glass Ceylon

Market Cap: LK₨55.1b

Manufactures and sells glass bottles in Sri Lanka, India, the United States, and internationally.

Carbacid Investments

Market Cap: KSh9.1b

An investment holding company, engages in the mining, processing, and marketing of carbon dioxide gas in Kenya.

Kunimine Industries

Market Cap: JP¥15.0b

Engages in the mining, manufacture, and sale of bentonite ore in Japan.

Yodoko

Market Cap: JP¥199.7b

Engages in the manufacture and sales of steel products for industrial and consumer products in Japan.

Eidai KakoLtd

Market Cap: JP¥2.7b

Manufactures, imports, and sells resin sheets in Japan.

Ton Yi Industrial

Market Cap: NT$22.7b

Manufactures and sells tinplate and plastic packaging materials in Taiwan, Mainland China, and internationally.

Evolution Mining

Market Cap: AU$26.4b

Engages in the exploration, mine development and operation, and sale of gold and gold-copper concentrates in Australia and Canada.

Ningxia Baofeng Energy Group

Market Cap: CN¥170.7b

Produces and sells chemical products in China and internationally.

Tianshan Aluminum GroupLtd

Market Cap: CN¥61.5b

Produces and sells primary aluminum, prebaked anodes, high-purity aluminum, alumina, and aluminum foil products in China and internationally.

SABIC Agri-Nutrients

Market Cap: ر.س57.7b

Engages in the production, processing, manufacturing, and trading of agricultural nutrients and chemical products in Singapore, the United States, India, the Kingdom of Saudi Arabia, the United Arab Emirates, Bangladesh, Pakistan, and internationally.

Nippon Chuzo K. K

Market Cap: JP¥4.4b

Engages in supplying large, special, and steel castings for construction in Japan.

Dynea Pakistan

Market Cap: PK₨6.6b

Manufactures and sells formaldehyde, urea/melamine formaldehyde, and moulding compounds in Pakistan.

OKA Corporation Bhd

Market Cap: RM 125.2m

An investment holding company, engages in the manufacturing and selling of pre-cast concrete products for the infrastructure, sewerage, construction, and highway industries in Malaysia.

Stanley Agriculture GroupLtd

Market Cap: CN¥10.0b

Engages in the manufacturing and sales of compound fertilizers in China.

Hakudo

Market Cap: JP¥43.2b

Processes and sells metal and plastic materials in Japan, China, Thailand, and Vietnam.

Nippon Soda

Market Cap: JP¥206.6b

Provides agri-business, pharmaceuticals, specialty chemicals, eco chemicals, and chlor-alkali products in Japan and internationally.

Soken Chemical & Engineering

Market Cap: JP¥55.2b

Manufactures and sells acrylic pressure-sensitive adhesives, functional polymers, organic fine particles, and adhesive tapes in Japan, China, and internationally.

TKG Huchems

Market Cap: ₩602.4b

Manufactures and sells fine chemical products in South Korea and internationally.

Thong Guan Industries Berhad

Market Cap: RM 594.8m

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

KD Chem

Market Cap: ₩35.0b

Manufactures and sells fine chemicals in South Korea.

Xinjiang Qingsong Building Materials and Chemicals Group

Market Cap: CN¥5.7b

Xinjiang Qingsong Building Materials and Chemicals Group Co., Ltd.

Yunnan Yuntianhua

Market Cap: CN¥54.7b

Manufactures and sells fertilizers in China and internationally.

Formosan Rubber Group

Market Cap: NT$7.8b

Produces and markets rubber sheets, plastic sheets, plastic foam sheets, PVC resin sheets, and related materials.

Xi'an Manareco New MaterialsLtd

Market Cap: CN¥6.8b

Manufactures and markets display materials.

Jiangsu Changhai Composite Materials

Market Cap: CN¥7.2b

Engages in the research and development, production, and sale of glass fiber products and composite materials.

NMDC

Market Cap: ₹753.9b

Explores for and produces iron ore in India and internationally.

Yip's Chemical Holdings

Market Cap: HK$1.4b

An investment holding company, produces and sells petrochemical products in the People’s Republic of China, Hong Kong, and internationally.