Basic Materials Sector

Ecora Royalties

Market Cap: UK£357.9m

Operates as a natural resource royalty and streaming company in Australia, North and South America, Europe, and internationally.

ACG Metals

Market Cap: UK£357.8m

Produces gold and silver in Turkey.

Minera Alamos

Market Cap: CA$660.9m

Engages in the acquisition, exploration, development, and operation of mineral properties in Mexico.

Interfor

Market Cap: CA$655.7m

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

Santana Minerals

Market Cap: AU$671.9m

Engages in the exploration and evaluation of gold properties in New Zealand, Cambodia, and Mexico.

Heliostar Metals

Market Cap: CA$650.4m

Engages in gold and silver exploration and mining activities in the United States and Mexico.

Caledonia Mining

Market Cap: US$462.9m

Primarily operates a gold mine in Jersey.

Algoma Steel Group

Market Cap: US$462.8m

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

Turaco Gold

Market Cap: AU$658.0m

Operates as a gold exploration and development company in Cote d’Ivoire.

Liberty Gold

Market Cap: CA$640.0m

Engages in the acquisition, exploration, and development of mineral properties primarily in the United States and Türkiye.

Ucore Rare Metals

Market Cap: CA$639.0m

Engages in the extraction, beneficiation, and separation of rare and critical metal resources in Canada.

Forterra

Market Cap: UK£341.0m

Engages in the manufacturing and sale of building products made from clay and concrete in the United Kingdom.

BMC Minerals

Market Cap: AU$639.9m

Operates as a mineral exploration company.

Rox Resources

Market Cap: AU$639.1m

Engages in mineral exploration activities in Australia.

Chalice Mining

Market Cap: AU$631.0m

Operates as a mineral exploration and evaluation company.

Mativ Holdings

Market Cap: US$441.7m

Manufactures and sells specialty materials in the United States, Europe, the Asia Pacific, the Americas, and internationally.

Larvotto Resources

Market Cap: AU$627.0m

Engages in the acquisition, exploration, evaluation, and development of mineral resources in Australia and New Zealand.

Jaguar Mining

Market Cap: CA$602.4m

A junior gold mining company, engages in the acquisition, exploration, development, and operation of gold mineral properties in Brazil.

Doubleview Gold

Market Cap: CA$591.8m

Engages in the acquisition, exploration, and development of mineral resource properties in Canada.

Pensana

Market Cap: UK£317.8m

Engages in the exploration, mining, and processing of mineral properties in the United Kingdom and Angola.

Strickland Metals

Market Cap: AU$605.3m

Engages in the exploration of mineral resources in Australia.

Lithium Royalty

Market Cap: CA$570.1m

Operates as a lithium-focused royalty company in Canada, the United States, Australia, Argentina, Brazil, and South America.

Mesabi Trust

Market Cap: US$415.6m

A royalty trust, engages in iron ore mining business in the United States.

Goldsky Resources

Market Cap: CA$571.5m

A junior exploration stage company, engages in the acquisition, exploration, and development of mineral properties in Sweden and Finland.

Coronado Global Resources

Market Cap: AU$578.4m

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

Magnetic Resources

Market Cap: AU$574.7m

Engages in the exploration of mineral tenements in Western Australia.

Amex Exploration

Market Cap: CA$551.7m

Engages in the exploration of gold mining properties in Canada.

African Gold

Market Cap: AU$566.6m

Engages in acquiring, exploring, evaluating, and exploiting mineral resource projects in Africa.

Valhi

Market Cap: US$394.0m

Engages in the chemicals, component products, and real estate management and development businesses in Europe, North America, the Asia Pacific, and internationally.

Capital

Market Cap: UK£291.8m

Provides drilling, mining, mineral assaying, and surveying services.

Jupiter Mines

Market Cap: AU$550.4m

Operates as an independent mining company in Australia.

Clinch Resources

Market Cap: CA$533.0m

A coal mining and exploration and development company, focuses on the production, development, and exploration of metallurgical coal assets in North America.

Banyan Gold

Market Cap: CA$529.0m

Engages in the exploration and development of mineral properties in Canada.

Ausgold

Market Cap: AU$542.4m

Explores for gold and other precious metals in Australia.

Forrestania Resources

Market Cap: AU$538.2m

Operates as a gold exploration and development company in Western Australia.

Magna Mining

Market Cap: CA$523.0m

Engages in the acquisition, exploration, and development of mineral properties in Canada.