Global Materials Low-Risk Leaders

Resolute Mining

Market Cap: AU$2.1b

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

Capricorn Metals

Market Cap: AU$6.2b

Explores, develops, evaluates, and produces gold in Australia.

Turk Altin Isletmeleri

Market Cap: ₺148.8b

Engages in the gold mining operations in Turkey.

West African Resources

Market Cap: AU$3.3b

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

Lynas Rare Earths

Market Cap: AU$14.8b

Engages in the exploration, development, mining, extraction, and processing of rare earth minerals in Australia and Malaysia.

AECI

Market Cap: R12.9b

Provides products and services for mining, water treatment, plant and animal health, food and beverage, manufacturing, and general industrial sectors.

Zhaojin Mining Industry

Market Cap: HK$72.5b

An investment holding company, engages in exploration, mining, processing, smelting, and sale of gold and other metallic products in the People’s Republic of China and internationally.

Hecla Mining

Market Cap: US$10.2b

Provides precious and base metals in the United States, Canada, Japan, Korea, China, and internationally.

SSR Mining

Market Cap: CA$7.7b

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

Warrior Met Coal

Market Cap: US$4.3b

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

Griffin Mining

Market Cap: UK£529.8m

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

Wheaton Precious Metals

Market Cap: CA$71.8b

Operates as a precious metal streaming company.

Himadri Speciality Chemical

Market Cap: ₹378.0b

Manufactures and sells carbon materials and chemicals in India and internationally.

EPC Groupe

Market Cap: €590.9m

Engages in the manufacture, storage, and distribution of explosives in Europe, Africa, Asia Pacific, and the Americas.

Lundin Gold

Market Cap: CA$19.7b

Develops and operates its mineral concessions in Ecuador.

Press Metal Aluminium Holdings Berhad

Market Cap: RM 65.0b

Engages in the manufacture and trading of aluminum, and smelting and extrusion products in Malaysia, Asia, Europe, Oceania, Europe, and internationally.

Regis Resources

Market Cap: AU$4.7b

Engages in the exploration, evaluation, and development of gold projects in Australia.

Osaka Soda

Market Cap: JP¥215.3b

Manufactures and sells basic and functional chemicals products in Asia, Europe, North America, and internationally.

Henan Zhongfu IndustrialLtd

Market Cap: CN¥25.0b

Processes, manufactures, and sells electrolytic aluminum and aluminum products in China.

Elementis

Market Cap: UK£967.9m

Operates as a specialty chemical company in the United Kingdom, rest of Europe, North America, and internationally.

Triple Flag Precious Metals

Market Cap: CA$8.4b

A precious metals streaming and royalty company, engages in acquiring and managing precious metals, streams, royalties, and other mineral interests in Australia, Canada, Colombia, Cote d’Ivoire, Mexico, Mongolia, Peru, South Africa, and the United States.

Taiyo Holdings

Market Cap: JP¥521.8b

Engages in the electronics materials business internationally.

Usha Martin

Market Cap: ₹155.8b

Manufactures and sells steel wires, strands, wire ropes, and cord related accessories in India and internationally.

SOL

Market Cap: €5.5b

Produces and distributes technical and medical gases for industry and healthcare facilities in Italy and internationally.

Adeka

Market Cap: JP¥375.9b

Engages in chemicals, food products, and life science businesses.

NOF

Market Cap: JP¥630.8b

Manufactures chemicals in Japan.

Balchem

Market Cap: US$5.3b

Develops, manufactures, and distributes specialty performance ingredients and products for the nutritional, food, pharmaceutical, animal health, medical device sterilization, plant nutrition, and industrial markets worldwide.

Torex Gold Resources

Market Cap: CA$5.1b

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

Okaya

Market Cap: JP¥194.3b

Engages in the selling, exporting, and importing of iron and steel, special steel, non-ferrous metals in Japan and internationally.

Konishi

Market Cap: JP¥88.2b

Manufactures and sells synthetic adhesives in Japan.

Gübre Fabrikalari Türk Anonim Sirketi

Market Cap: ₺137.7b

Produces and sells chemical fertilizers in Turkey and internationally.

Mako Mining

Market Cap: CA$894.0m

Engages in mineral exploration and exploitation activities in Nicaragua, the United States, and Guyana.

Monarch Cement

Market Cap: US$1.0b

Engages in the manufacture and sale of portland cement in the United States.

Fortuna Mining

Market Cap: CA$3.7b

Engages in the precious and base metal mining and related activities in Argentina, Côte d’Ivoire, Mexico, Peru, and Senegal.

Mitani Sekisan

Market Cap: JP¥129.7b

Produces and sells concrete products in Japan.

Impack Pratama Industri

Market Cap: Rp81.5t

Manufactures and distributes plastic building materials in Indonesia and internationally.