Commercial Services Basic Materials Sector

Algoma Steel Group

Market Cap: US$425.0m

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

Intrepid Potash

Market Cap: US$419.0m

Intrepid Potash, Inc. delivers potassium, magnesium, sulfur, salt, and water products.

Lithium Royalty

Market Cap: CA$577.7m

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

ioneer

Market Cap: AU$615.2m

Engages in the exploration and development of mineral properties, such as lithium and boron in North America.

Empire Metals

Market Cap: UK£309.2m

Engages in the exploration and development of properties in the United Kingdom, Australia, and Austria.

Benz Mining

Market Cap: CA$570.1m

Engages in the acquisition, exploration, and exploitation of gold properties in Canada and Australia.

Meteoric Resources

Market Cap: AU$608.0m

Explores for mineral tenements in Brazil, Canada, Western Australia, and Northern Territory.

EQ Resources

Market Cap: AU$607.1m

Explores for and produces tungsten and mineral resources in Australia.

Erdene Resource Development

Market Cap: CA$565.2m

Focuses on the exploration and development of precious and base metal deposits in Mongolia.

Founders Metals

Market Cap: CA$562.0m

Founders Metals Inc. is involved in the exploration and development of mineral properties in Canada.

Patagonia Gold

Market Cap: CA$558.1m

Engages in the acquisition, exploration, and development of mineral properties and reserves in Argentina and Chile.

Silver Tiger Metals

Market Cap: CA$554.4m

Engages in the exploration and evaluation of mineral properties in Mexico.

Sylvania Platinum

Market Cap: UK£297.9m

Engages in the retreatment of platinum group metals (PGM) bearing chrome tailings materials in South Africa.

Guanajuato Silver

Market Cap: CA$552.3m

A precious metals producer, engages in reactivating past producing mines in Mexico.

29Metals

Market Cap: AU$590.1m

Operates as a copper-focused base and precious metals mining company in Australia and Chile.

Essentra

Market Cap: UK£296.4m

Engages in the manufacturing and distribution of plastic injection moulded, vinyl dip moulded, and metal items in Europe, the Middle East, Africa, the Americas, and the Asia Pacific.

Banyan Gold

Market Cap: CA$547.0m

Explores for and develops of mineral properties in Canada.

Goldgroup Mining

Market Cap: CA$540.2m

Engages in the acquisition, exploration, and development of gold-bearing mineral properties in Mexico and the Americas.

Canada Nickel

Market Cap: CA$535.7m

Engages in the exploration, discovery, and development of nickel sulphide assets for electric vehicle, green energy, and stainless steel markets in Canada.

Valhi

Market Cap: US$377.0m

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

Luca Mining

Market Cap: CA$520.5m

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

Sierra Madre Gold and Silver

Market Cap: CA$518.4m

Operates as a precious metal development and exploration company in Mexico.

Nova Minerals

Market Cap: AU$550.7m

Engages in the exploration of mineral properties in Australia and the United States.

Jupiter Mines

Market Cap: AU$550.4m

Operates as an independent mining company in Australia.

Andean Silver

Market Cap: AU$549.5m

Develops and explores for mineral properties in Australia.

Steppe Gold

Market Cap: CA$508.2m

Engages in operating, developing, exploring, and acquiring precious metal projects in Mongolia and Peru.

Tudor Gold

Market Cap: CA$508.1m

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

West Red Lake Gold Mines

Market Cap: CA$508.1m

Acquires, explores, evaluates, and develops gold properties in Canada.

MGX Resources

Market Cap: AU$543.0m

Engages in the mining, processing, shipment, export, and sale of hematite iron ore in Australia and China.

Los Andes Copper

Market Cap: CA$504.1m

Acquires, explores, and develops copper deposits in Latin America.

Metallium

Market Cap: AU$539.7m

Through its subsidiaries, explores for mineral tenements in Western Australia and Québec, Canada.

Liberty Gold

Market Cap: CA$498.8m

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

Aurelia Metals

Market Cap: AU$533.2m

Engages in the exploration and production of mineral properties in Australia.

Capital

Market Cap: UK£265.1m

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

Serabi Gold

Market Cap: UK£265.1m

Engages in the evaluation, exploration, and development of gold and other metals mining projects in Brazil.

Galan Lithium

Market Cap: AU$523.7m

Engages in the exploration, evaluation, and development of lithium properties.