| LINLinde plc | $222.1B | 31.1× | — | 20.3% | 0.59 | 1 |
| BHP.AXBHP Group Limited | $217.0B | 21.9× | 75.6% | 16.7% | 0.44 | — |
| RIO.AXRio Tinto Group | $184.9B | 15.4× | 57.4% | 17.3% | 0.34 | — |
| RIO.LRio Tinto Group | $151.1B | 12.8× | 57.4% | 17.3% | 0.34 | — |
| NEMNEWMONT CORPORATION | $121.8B | 14.6× | — | 31.3% | 0.15 | — |
| AI.PAL'Air Liquide S.A. | $120.1B | 30.3× | 64.2% | 13.1% | 0.38 | 2 |
| FCXFreeport-McMoRan Inc. | $102.2B | 35.0× | — | 16.0% | 0.50 | — |
| AEM.TOAgnico Eagle Mines Limited | $92.9B | 16.2× | 58.1% | 37.5% | 0.01 | — |
| ECLECOLAB INC. | $79.0B | 37.8× | — | 12.9% | — | 1 |
| SHWTHE SHERWIN-WILLIAMS COMPANY | $77.9B | 29.6× | 48.8% | 10.9% | 2.10 | 1 |
| 4063.TShin-Etsu Chemical Co., Ltd. | $69.7B | 24.5× | 34.2% | 18.4% | 0.05 | 1 |
| ABX.TOBarrick Mining Corporation | $65.7B | 10.6× | 51.3% | 29.4% | 0.19 | — |
| APDAIR PRODUCTS AND CHEMICALS, INC. | $62.0B | — | — | -3.3% | — | 2 |
| WPM.TOWheaton Precious Metals Corp. | $61.2B | 30.8× | 72.2% | 63.6% | — | — |
| VALE3.SAVale S.A. | $57.8B | 25.1× | 35.0% | 6.1% | 0.62 | 2 |
| AGL.JOAnglo American plc | $57.3B | — | 51.7% | -20.2% | 0.75 | 2 |
| AAL.LAnglo American plc | $57.3B | — | 51.7% | -20.2% | 0.75 | 2 |
| NUENUCOR CORP | $55.8B | 19.6× | — | 5.4% | — | 1 |
| CRHCRH public limited company | $54.5B | 14.5× | 36.1% | 10.0% | 0.73 | 1 |
| BAS.DEBASF SE | $51.3B | 21.6× | 24.1% | 2.7% | 0.56 | 1 |
| ANTO.LAntofagasta plc | $47.0B | 28.8× | 49.9% | 15.4% | 0.63 | — |
| FNV.TOFranco-Nevada Corporation | $46.3B | 32.4× | 73.9% | 61.0% | — | — |
| MTS.MCArcelorMittal S.A. | $45.7B | 26.1× | 7.1% | 5.1% | 0.18 | 2 |
| HOLN.SWHolcim AG | $41.9B | 89.8× | 42.3% | 83.8% | 0.48 | 2 |
| GIVN.SWGivaudan SA | $37.9B | 33.3× | 43.5% | 14.3% | 0.85 | — |
| MLMMARTIN MARIETTA MATERIALS INC | $34.2B | 31.3× | 30.7% | 18.5% | 0.53 | 4 |
| FMG.AXFortescue Ltd | $33.3B | 11.4× | 56.4% | 17.0% | 0.25 | 1 |
| SIKA.SWSika AG | $33.0B | 26.4× | 54.9% | 9.3% | 0.57 | — |
| GFI.JOGold Fields Limited | $32.1B | 7.4× | 55.3% | 40.8% | 0.30 | — |
| ULTRACEMCO.NSUltraTech Cement Limited | $32.1B | 36.4× | 75.4% | 9.3% | 0.20 | 2 |
| VMCVULCAN MATERIALS COMPANY | $31.9B | 29.0× | 27.4% | 13.6% | 0.51 | 1 |
| JSWSTEEL.NSJSW Steel Limited | $29.7B | 11.6× | 38.0% | 12.3% | 0.76 | — |
| K.TOKinross Gold Corporation | $27.6B | 9.1× | 52.7% | 33.9% | 0.09 | — |
| HEI.DEHeidelberg Materials AG | $27.5B | 12.2× | 64.2% | 9.0% | 0.31 | 1 |
| KLBN11.SAKlabin S.A. | $26.4B | 28.0× | 35.4% | 6.8% | 4.43 | 1 |
| 1378.HKChina Hongqiao Group Limited | $26.1B | 7.0× | 25.6% | 13.9% | 0.33 | 1 |
| NST.AXNorthern Star Resources Limited | $24.2B | 21.3× | 58.6% | 21.8% | 0.08 | — |
| PPGPPG INDUSTRIES INC | $23.4B | 15.2× | — | 9.9% | 0.92 | — |
| ASIANPAINT.NSAsian Paints Limited | $23.3B | 48.5× | 43.4% | 12.2% | 0.06 | — |
| TATASTEEL.NSTata Steel Limited | $22.4B | 19.6× | 46.5% | 4.7% | 0.62 | 1 |
| 5401.TNippon Steel Corporation | $20.8B | 195.4× | 14.4% | 0.2% | — | 3 |
| HINDALCO.NSHindalco Industries Limited | $20.5B | 12.4× | 30.0% | 4.9% | 0.55 | — |
| GRASIM.NSGrasim Industries Limited | $20.2B | 35.2× | 41.6% | 2.9% | 1.52 | 2 |
| VAL.JOValterra Platinum Limited | $19.9B | 9.0× | 24.5% | 13.3% | — | 2 |
| EVN.AXEvolution Mining Limited | $18.6B | 18.4× | 50.7% | 12.8% | 0.45 | 1 |
| CFCF INDUSTRIES HOLDINGS, INC. | $17.2B | 8.4× | 38.5% | 25.4% | 0.66 | — |
| 051910.KSLG Chem, Ltd. | $16.7B | — | 17.0% | -4.0% | 0.64 | 3 |
| 1301.TWFormosa Plastics Corporation | $16.2B | 45.7× | 3.2% | -5.7% | 0.21 | 4 |
| PIDILITIND.NSPidilite Industries Limited | $15.6B | 56.9× | 54.9% | 16.8% | — | — |
| S32.AXSouth32 Limited | $15.4B | 14.1× | 43.7% | 18.7% | 0.07 | — |
| 8869.KLPress Metal Aluminium Holdings Berhad | $14.5B | 23.2× | 20.7% | 12.9% | 0.33 | — |
| 0358.HKJiangxi Copper Company Limited | $14.5B | 9.0× | 4.4% | 1.3% | 0.12 | 1 |
| SY1.DESymrise AG | $14.0B | 52.0× | 37.6% | 5.1% | 0.55 | 1 |
| CEMEXCPO.MXCEMEX, S.A.B. de C.V. | $13.7B | 27.7× | 32.9% | 6.0% | 0.33 | 1 |
| AKZA.ASAkzo Nobel N.V. | $11.0B | 15.4× | 39.9% | 6.3% | 0.75 | 1 |
| SUZB3.SASuzano S.A. | $10.6B | 6.6× | 32.4% | 26.8% | 2.10 | 2 |
| VEDL.NSVedanta Limited | $10.5B | 11.0× | 39.1% | 22.7% | 0.40 | 2 |
| IMP.JOImpala Platinum Holdings Limited | $10.1B | 5.5× | 24.5% | 23.0% | 0.01 | 1 |
| HAR.JOHarmony Gold Mining Company Limited | $10.1B | 5.7× | 23.0% | 14.0% | 0.04 | 1 |
| SSAB-A.STSSAB AB (publ) | $9.9B | 17.5× | 10.6% | 5.2% | 0.10 | 2 |
| SOL.JOSasol Limited | $9.8B | 13.5× | 44.3% | 4.5% | 0.42 | 1 |
| GGBR4.SAGerdau S.A. | $9.8B | 21.5× | 11.4% | 2.0% | 0.25 | 2 |
| BSL.AXBlueScope Steel Limited | $9.3B | 16.7× | 39.4% | 4.8% | 0.11 | — |
| CTVACorteva, Inc. | $9.2B | 8.5× | — | 6.3% | — | 1 |
| AMBUJACEM.NSAmbuja Cements Limited | $8.9B | 20.5× | 77.2% | 11.8% | 0.00 | 2 |
| LYC.AXLynas Rare Earths Limited | $8.8B | 56.7× | 50.2% | 22.7% | 0.03 | 1 |
| 5183.KLPETRONAS Chemicals Group Berhad | $8.2B | — | 10.7% | -7.8% | 0.06 | 4 |
| SHREECEM.NSShree Cement Limited | $8.1B | 48.3× | 61.9% | 8.5% | 0.03 | 1 |
| SAIL.NSSteel Authority of India Limited | $7.4B | 16.7× | 37.5% | 3.1% | 0.12 | 1 |
| 5411.TJFE Holdings, Inc. | $6.8B | 15.9× | 11.6% | 1.5% | — | 3 |
| NMDC.NSNMDC Limited | $6.5B | 8.5× | 45.6% | 23.2% | — | 2 |
| IMCD.ASIMCD N.V. | $6.5B | 25.2× | 25.0% | 4.6% | 0.63 | — |
| NATIONALUM.NSNational Aluminium Company Limited | $6.0B | 8.6× | 56.1% | 32.7% | 0.01 | — |
| APLAPOLLO.NSAPL Apollo Tubes Limited | $5.9B | 46.6× | 10.7% | 5.4% | 0.05 | — |
| BERGEPAINT.NSBerger Paints India Limited | $5.6B | 44.4× | 40.3% | 9.6% | 0.00 | — |
| BCPCBalchem Corporation | $5.4B | 33.2× | 35.7% | 14.9% | — | — |
| LINDEINDIA.NSLinde India Limited | $5.3B | 95.1× | 77.4% | 21.7% | — | 2 |
| DNL.AXDyno Nobel Limited | $5.0B | 29.1× | 66.9% | -1.4% | 0.28 | 3 |
| FACT.NSThe Fertilisers and Chemicals Travancore Limited | $4.8B | — | -43.3% | -1.3% | — | 5 |
| HINDCOPPER.NSHindustan Copper Limited | $4.7B | 41.0× | 60.8% | 30.0% | 0.01 | — |
| CMM.AXCapricorn Metals Ltd | $4.6B | 23.5× | 63.5% | 39.7% | — | — |
| 0868.HKXinyi Glass Holdings Limited | $4.6B | 11.1× | 31.1% | 13.1% | 0.04 | 4 |
| MNDI.LMondi plc | $4.5B | — | 40.5% | 2.2% | 0.51 | 1 |
| JMAT.LJohnson Matthey Plc | $4.1B | — | 5.0% | -0.8% | 0.66 | 1 |
| JKCEMENT.NSJ.K. Cement Limited | $3.9B | 39.6× | 77.1% | 7.4% | 0.66 | 1 |
| IGO.AXIGO Limited | $3.2B | 33.6× | 100.0% | 32.4% | — | 2 |
| SDF.DEK+S Aktiengesellschaft | $3.0B | 2.5× | -30.6% | -29.5% | 0.10 | 4 |
| DEEPAKNTR.NSDeepak Nitrite Limited | $2.3B | 28.2× | 22.5% | 7.1% | 0.19 | — |
| NIC.AXNickel Industries Limited | $2.3B | — | 17.0% | -3.5% | 0.54 | 3 |
| AMRALPHA METALLURGICAL RESOURCES, INC. | $2.2B | — | — | -2.9% | 0.00 | 3 |
| ACC.NSACC Limited | $2.2B | 11.5× | 37.2% | 8.5% | — | 2 |
| FBU.AXFletcher Building Limited | $2.1B | 17.1× | 32.3% | 3.8% | 0.17 | 3 |
| 011170.KSLotte Chemical Corporation | $1.9B | — | 1.4% | -11.0% | 0.39 | 4 |
| ATUL.NSAtul Ltd | $1.8B | 21.9× | 45.8% | 10.9% | 0.03 | 1 |
| ILU.AXIluka Resources Limited | $1.7B | — | 59.7% | -28.4% | 0.53 | 4 |
| FINEORG.NSFine Organic Industries Limited | $1.7B | 38.0× | 39.6% | 17.8% | 0.02 | — |
| CSNA3.SACompanhia Siderúrgica Nacional | $1.7B | — | 27.7% | -4.5% | 3.30 | 5 |
| ALK.AXAlkane Resources Ltd | $1.7B | 10.4× | 40.5% | 10.2% | 0.11 | 3 |
| TATACHEM.NSTata Chemicals Limited | $1.6B | — | 72.3% | -13.2% | 0.22 | 5 |
| REXREX AMERICAN RESOURCES CORPORATION | $1.5B | 12.3× | 14.4% | 14.6% | — | — |
| DRR.AXDeterra Royalties Limited | $1.5B | 12.6× | 100.0% | 67.7% | 1.00 | 1 |
| PRN.AXPerenti Limited | $1.4B | 24.7× | 72.0% | 0.6% | 0.31 | 1 |
| PCBL.NSPCBL Chemical Limited | $1.3B | 49.0× | 27.3% | 2.4% | 0.80 | 2 |
| CIA.AXChampion Iron Limited | $1.1B | 13.4× | 23.1% | 9.5% | 0.60 | 2 |
| FFM.AXFireFly Metals Ltd | $959M | — | — | — | — | 1 |
| BEC.SIBRC Asia Limited | $883M | 11.4× | 10.3% | 6.1% | — | — |
| 5168.KLHartalega Holdings Berhad | $876M | 21.0× | 12.7% | 4.8% | 0.00 | 2 |
| GSFC.NSGujarat State Fertilizers & Chemicals Limited | $608M | 8.7× | 30.5% | 6.2% | — | 2 |
| CXO.AXCore Lithium Ltd | $565M | — | — | — | — | 2 |
| MOIL.NSMOIL Limited | $494M | 16.2× | 78.7% | 18.2% | — | 2 |
| NOCIL.NSNOCIL Limited | $289M | 40.6× | 37.3% | 4.3% | — | 3 |
| ORIENTCEM.NSOrient Cement Limited | $235M | 10.8× | 73.9% | 12.1% | 0.02 | 3 |
| CRN.AXCoronado Global Resources Inc. | $211M | — | 20.6% | -22.5% | 1.08 | 6 |
| CY5.AXCygnus Metals Limited | $147M | — | 100.0% | -1273.7% | — | 1 |
| CAA.AXCapral Limited | $133M | 5.6× | 36.0% | 5.2% | — | 1 |
| NCLIND.NSNCL Industries Limited | $76M | 6.2× | 43.9% | 6.7% | 0.16 | 1 |
| 7162.KLAstino Berhad | $54M | 4.7× | 15.2% | 5.9% | 0.03 | 2 |
| 7083.KLAnalabs Resources Berhad | $47M | 3.8× | 50.1% | 36.0% | 0.01 | 3 |
| AGY.AXArgosy Minerals Limited | $28M | 2.5× | — | — | — | 2 |
| 7803.KLHextar Healthcare Berhad | $16M | — | 36.7% | -30.0% | 0.00 | 3 |
| MIN.AXMineral Resources Limited | — | — | 83.8% | 16.4% | 1.24 | — |
| AUC.AXAusgold Limited | — | — | — | — | — | 1 |
