Banks Basic Materials Sector

Luda Technology Group

Market Cap: US$98.7m

Through its subsidiaries, manufactures and trades stainless steel and carbon steel flanges and fittings products.

Renascor Resources

Market Cap: AU$140.0m

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

First Atlantic Nickel & Cobalt

Market Cap: CA$137.1m

Engages in the identification, evaluation, and acquisition of mineral properties in Canada.

Energy Transition Minerals

Market Cap: AU$139.0m

Engages in the mineral exploration and evaluation activities in Australia.

Rua Gold

Market Cap: CA$136.8m

Engages in the exploration and evaluation of mineral properties in New Zealand.

Tanami Gold

Market Cap: AU$138.7m

Operates as a gold exploration company in Australia.

Orosur Mining

Market Cap: CA$136.6m

Engages in identifying and advancing mineral projects in South America.

EcoGraf

Market Cap: AU$138.5m

Engages in the exploration and production of graphite products for the lithium-ion battery and advanced manufacturing markets in Tanzania and Australia.

Geodrill

Market Cap: CA$135.9m

Provides mineral exploration drilling services to the mining companies in West Africa, Egypt, Chile, and Peru.

Pilbara Gold

Market Cap: AU$137.7m

Operates as a resource exploration company in Australia.

Michelmersh Brick Holdings

Market Cap: UK£72.0m

Manufactures bricks and brick prefabricated products in the United Kingdom and Europe.

Borealis Mining

Market Cap: CA$134.3m

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

Silver Crown Royalties

Market Cap: CA$134.2m

Operates as a silver-focused royalty company providing capital to mining entities in exchange for a percentage of silver production from projects in Peru, Brazil, Ecuador, and Canada.

Rand Mining

Market Cap: AU$135.9m

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

ZK International Group

Market Cap: US$95.1m

Engages in the designing, producing, and selling pipes and fitting products in the People’s Republic of China.

American Lithium

Market Cap: CA$132.9m

Engages in the identification, acquisition, and exploration of mineral properties in Canada, the United States, and Peru.

Solesence

Market Cap: US$93.9m

A science-driven company, provides engineered materials, formulation development, and commercial manufacturing services in the United States.

Kaiser Reef

Market Cap: AU$133.2m

Engages in the exploration, development, mining, production, and sale of gold in Australia.

Scully Royalty

Market Cap: US$93.3m

Operates as an iron ore mining company in the Americas, Africa, Canada, Asia, and Europe.

PRL Global

Market Cap: AU$131.8m

Engages in the mining, processing, and sale of phosphate rock, phosphate dust, and chalk in Africa, Asia, Europe, Australia, the United States, and Oceania.

Bathurst Resources

Market Cap: AU$131.4m

Engages in the exploration, development, and production of bituminous and coking coal in New Zealand and Canada.

Cora Gold

Market Cap: UK£68.9m

Explores for and develops mineral projects in West Africa.

Trek Metals

Market Cap: AU$131.0m

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

Honey Badger Silver

Market Cap: CA$129.2m

Engages in the identification, evaluation, acquisition, and exploration of silver-based and other metals-based assets in Canada.

Helix Exploration

Market Cap: UK£68.8m

A helium exploration company, engages in the development and exploitation of small-scale gas leases.

Quantum Graphite

Market Cap: AU$130.5m

Engages in the exploration, mining, processing, and manufacture of flake graphite products in Australia.

Abitibi Metals

Market Cap: CA$128.6m

Engages in the acquisition, exploration, and development of base and precious metal properties in Canada.

Avanti Gold

Market Cap: CA$128.1m

Operates as a mineral exploration company in the Democratic Republic of the Congo and the Republic of Seychelles.

Frontier Lithium

Market Cap: CA$127.8m

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

Sirios Resources

Market Cap: CA$127.6m

Engages in the exploration and evaluation of mineral resources in Canada.

Falcon Energy Materials

Market Cap: CA$127.6m

Engages in the mineral development business in Africa.

Denarius Metals

Market Cap: CA$127.4m

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

Delta Lithium

Market Cap: AU$129.1m

Explores for and develops lithium properties in Western Australia.

Silver47 Exploration

Market Cap: CA$127.3m

Together with its subsidiary, engages in mineral exploration of precious metals in Canada and the United States.

CuFe

Market Cap: AU$129.0m

Operates as a mineral exploration and production company in Australia.

Verde Resources

Market Cap: US$89.9m

Produces and sells biochar and related products in the United States, Singapore, and Malaysia.