Commercial Services Basic Materials Sector

Ionic Rare Earths

Market Cap: AU$82.5m

Engages in the mining, refining, and recycling of magnet and heavy rare earth elements in Australia, Uganda, and United Kingdom.

Roscan Gold

Market Cap: CA$81.1m

An exploration stage company, engages in the acquisition, exploration, and development of gold properties in West Africa.

Quebec Innovative Materials

Market Cap: CA$81.0m

A mineral exploration and development company, engages in the acquisition and exploration of mineral resource properties in Canada.

Petropavlovsk

Market Cap: UK£47.5m

Petropavlovsk PLC operates as a gold mining company in the Far East of Russia.

Scorpio Gold

Market Cap: CA$80.3m

Engages in the exploitation, exploration, and development of mineral resource properties in the United States.

Element 25

Market Cap: AU$81.5m

Engages in the exploration of mineral properties in Australia.

Calix

Market Cap: AU$80.9m

An environmental technology company, provides industrial solutions to address global decarbonisation and sustainability challenges in Australia, Asia-Pacific, the United States, Europe, the Middle East, and Africa.

Zanaga Iron Ore

Market Cap: UK£41.9m

An investment holding company, engages in the exploration and development of iron ore project.

Scandium Canada

Market Cap: CA$79.4m

Operates as a mineral exploration company in Canada.

Hazer Group

Market Cap: AU$80.4m

Operates as a clean technology development company in Australia.

Asia Broadband

Market Cap: US$55.8m

Through its subsidiary, Asia Metals Inc., focuses on the production, supply, and sale of precious and base metals primarily in Asian markets.

Dreadnought Resources

Market Cap: AU$80.2m

Operates as mineral exploration and development company in Australia.

Trek Metals

Market Cap: AU$80.1m

Explores and evaluates mineral properties in Australia.

Norsemont Mining

Market Cap: CA$78.4m

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

Kodiak Copper

Market Cap: CA$78.3m

Explores and develops base metals properties in North America.

VHM

Market Cap: AU$79.5m

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

A2 Gold

Market Cap: CA$78.1m

Engages in the exploration and evaluation of resource properties in the United States.

Westhaven Gold

Market Cap: CA$78.0m

Engages in the acquisition, exploration, development, and evaluation of mineral properties within the Spences Bridge Gold Belt in southern British Columbia, Canada.

Black Bear Minerals

Market Cap: AU$78.5m

Explores and evaluates mineral properties in the United States and Canada.

5E Advanced Materials

Market Cap: US$54.4m

An exploration stage company, engages in the exploration and development of mineral properties primarily in the United States.

Aldoro Resources

Market Cap: AU$77.8m

Operates as a mineral exploration and development company in Australia.

Arianne Phosphate

Market Cap: CA$76.4m

Operates as development-stage phosphate mining company in Canada.

EMC Gold

Market Cap: AU$77.3m

Operates as an exploration company.

Leading Edge Materials

Market Cap: CA$76.0m

Engages in the exploration and development of resource properties in Sweden and Romania.

Yandal Resources

Market Cap: AU$76.3m

Engages in the discovery, exploration, and development of gold properties in Western Australia.

CEMATRIX

Market Cap: CA$74.9m

Through its subsidiaries, manufactures and sells cellular concrete products in North America, Canada, and the United States.

NH3 Clean Energy

Market Cap: AU$74.9m

Explores for and develops clean energy and energy materials projects in Australia and the United States.

Paragon Advanced Labs

Market Cap: CA$73.2m

Provides geochemical testing and analysis services to natural resource companies in Canada.

Arizona Gold & Silver

Market Cap: CA$73.1m

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

HPQ Silicon

Market Cap: CA$73.1m

Engages in the development of technologies that transforms quartz into silicon materials and related derivatives in Canada.

Metalsource Mining

Market Cap: CA$72.9m

A junior exploration company, engages in the acquisition, exploration, and evaluation of mineral resource properties in Canada and the United States.

80 Mile

Market Cap: UK£38.3m

Engages in the exploration and development of precious and base metals in the United Kingdom, Greenland, Finland, and Italy.

NextSource Materials

Market Cap: CA$72.4m

Explores for, develops, and evaluates mineral properties in Madagascar and Canada.

Anson Resources

Market Cap: AU$72.9m

Anson Resources Limited, critical minerals company, engages in exploration and development of natural resources in the United States and Australia.

Salazar Resources

Market Cap: CA$71.6m

A junior mineral exploration company, engages in the acquisition, exploration, and development of mineral properties in Latin America.

Battery Mineral Resources

Market Cap: CA$71.0m

A mining company, engages in the acquisition and exploration of mineral and evaluation assets in Canada and the United States.