Basic Materials Sector

Ternium

Market Cap: US$7.0b

Manufactures and distributes steel products in Mexico, Southern Region, Brazil, and internationally.

OR Royalties

Market Cap: CA$9.2b

Acquires and manages precious metal and other royalties, streams, and other interests in Canada and internationally.

China Gold International Resources

Market Cap: CA$9.1b

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

Orica

Market Cap: AU$10.0b

Manufactures, distributes, and sells commercial blasting systems, explosives, mining and tunnelling support systems, and various chemical products and services in Australia, Peru, Canada, the United States, and internationally.

Axalta Coating Systems

Market Cap: US$6.6b

Through its subsidiaries, manufactures, markets, and distributes high-performance coatings systems in North America, Europe, the Middle East, Africa, the Asia Pacific, and Latin America.

Commercial Metals

Market Cap: US$6.5b

Manufactures, recycles, and fabricates steel and metal products, and related materials and services in the United States, Poland, China, and internationally.

BlueScope Steel

Market Cap: AU$9.8b

Engages in the production and marketing of metal-coated and painted steel building products in Australia, New Zealand, Asia, and North America.

Element Solutions

Market Cap: US$6.4b

Operates as a specialty chemicals company in the United States, China, and internationally.

IAMGOLD

Market Cap: CA$8.8b

Through its subsidiaries, operates as a gold producer and developer in Canada and Burkina Faso.

Louisiana-Pacific

Market Cap: US$6.3b

Provides building solutions for applications in new home construction, repair and remodeling, and outdoor structure markets.

Mondi

Market Cap: UK£4.4b

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

Graphic Packaging Holding

Market Cap: US$5.9b

Designs, produces, and sells consumer packaging products to brands in food, beverage, foodservice, household, and other consumer products in the Americas, Europe, and the Asia Pacific.

B2Gold

Market Cap: CA$7.9b

Operates as a gold producer company in Canada.

West Fraser Timber

Market Cap: CA$7.9b

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.

Triple Flag Precious Metals

Market Cap: CA$7.9b

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, Honduras, Mexico, Mongolia, Peru, South Africa, and the United States.

Cleveland-Cliffs

Market Cap: US$5.6b

Operates as a flat-rolled steel producer in the United States, Canada, and internationally.

Capstone Copper

Market Cap: CA$7.6b

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

Eldorado Gold

Market Cap: CA$7.6b

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

Hudbay Minerals

Market Cap: CA$7.4b

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

Croda International

Market Cap: UK£3.8b

Engages in the consumer care, life science, and industrial specialty businesses in Europe, the Middle East, Africa, North America, Asia, and Latin America.

New Gold

Market Cap: CA$7.0b

An intermediate gold mining company, engages in the development and operation of mineral properties in Canada.

Artemis Gold

Market Cap: CA$7.0b

Focuses on the identification, acquisition, and development of gold properties.

Compañía de Minas BuenaventuraA

Market Cap: US$5.0b

Engages in the exploration, mining, concentration, smelting, and marketing of polymetallic ores and metals in Peru.

Mineral Resources

Market Cap: AU$7.6b

Together with subsidiaries, provides mining services in Australia, Asia, and internationally.

Sealed Air

Market Cap: US$5.0b

Provides packaging solutions in the United States and internationally, Europe, the Middle East, Africa, and Asia Pacific.

Balchem

Market Cap: US$5.0b

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

Celanese

Market Cap: US$4.9b

A chemical and specialty materials company, manufactures and sells engineered polymers worldwide.

First Majestic Silver

Market Cap: CA$6.8b

Engages in the acquisition, exploration, development, and production of mineral properties in North America.

Pilbara Minerals

Market Cap: AU$7.4b

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

Sonoco Products

Market Cap: US$4.7b

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

FMC

Market Cap: US$4.7b

An agricultural sciences company, provides crop protection solutions to farmers in Latin America, North America, Europe, the Middle East, Africa, and Asia.

Silgan Holdings

Market Cap: US$4.6b

Manufactures and sells rigid packaging solutions for consumer goods products in the United States and internationally.

OceanaGold

Market Cap: CA$6.2b

A gold and copper producer, engages in exploration, development, and operation of mineral properties in the United States, the Philippines, and New Zealand.

Ramelius Resources

Market Cap: AU$6.7b

Engages in the exploration, evaluation, mine development and operation, production, and sale of gold.

SSR Mining

Market Cap: CA$6.1b

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

Johnson Matthey

Market Cap: UK£3.2b

Engages in the clean air, catalyst and hydrogen technology, and platinum group metals (PGM) service businesses in the United Kingdom, Germany, rest of Europe, the United States, rest of North America, China, rest of Asia, and internationally.