Sector Alpha Week of 2026-07-28
20-quarter listed-company comparison

Other Industrial Metals & Mining Stocks

Other Industrial Metals & Mining: Vale S.A. owns the largest revenue base; United States Antimony Corporation has the fastest current growth.

The industry itself · before any single company

How has Other Industrial Metals & Mining moved against S&P 500?

The line below covers 5.2 years. Over the most recent two of them this industry is 188% ahead of S&P 500. Earnings across its companies fell 27% on average over the last four reported quarters.

FADING · −3 in 4w~Price up, without the fundamentals confirming2 of 34 companies ahead of S&P 500 by 5% or more over three months1 is 20% or more behind over a year while earnings grew 20% or more

RS — · 7/34 >200d (−6) · 2/34 lead (−3) · EPS 12/33↑

200500202620252024202320222021 601348 TRAILING 12-MONTH EPS · 100 AT THE START0100Mar 22Sep 22Mar 23Sep 23Mar 24Sep 24Mar 25Sep 25Mar 26Mar 2022 · trailing 12-month earnings per share at 100, against 100 at the start · no comparable year yet · 9 reportingJun 2022 · trailing 12-month earnings per share at 100, against 100 at the start · up 173.2% on a year ago · 11 reportingSep 2022 · trailing 12-month earnings per share at 97, against 100 at the start · no comparable year yet · 11 reportingDec 2022 · trailing 12-month earnings per share at 96, against 100 at the start · down 17.3% on a year ago · 12 reportingMar 2023 · trailing 12-month earnings per share at 100, against 100 at the start · down 16.7% on a year ago · 10 reportingJun 2023 · trailing 12-month earnings per share at 84, against 100 at the start · down 37.3% on a year ago · 12 reportingSep 2023 · trailing 12-month earnings per share at 85, against 100 at the start · down 50.2% on a year ago · 10 reportingDec 2023 · trailing 12-month earnings per share at 77, against 100 at the start · down 43.4% on a year ago · 12 reportingMar 2024 · trailing 12-month earnings per share at 62, against 100 at the start · down 42.8% on a year ago · 10 reportingJun 2024 · trailing 12-month earnings per share at 86, against 100 at the start · down 20.6% on a year ago · 13 reportingSep 2024 · trailing 12-month earnings per share at 39, against 100 at the start · down 52.2% on a year ago · 11 reportingDec 2024 · trailing 12-month earnings per share at 68, against 100 at the start · down 15.7% on a year ago · 13 reportingMar 2025 · trailing 12-month earnings per share at 15, against 100 at the start · down 66.2% on a year ago · 11 reportingJun 2025 · trailing 12-month earnings per share at 25, against 100 at the start · down 66.9% on a year ago · 13 reportingSep 2025 · trailing 12-month earnings per share at 28, against 100 at the start · down 62.1% on a year ago · 11 reportingDec 2025 · trailing 12-month earnings per share at 37, against 100 at the start · down 14.0% on a year ago · 13 reportingMar 2026 · trailing 12-month earnings per share at 33, against 100 at the start · up 37.0% on a year ago · 10 reportingNot reported yet — earnings trail price by a quarter or two33 · Mar 26No earnings on file this far back — the price series reaches further than the filings do
200500202620252024202320222021 601348 TRAILING 12-MONTH EPS · 100 AT THE START0100Mar 22Mar 23Mar 24Mar 25Mar 26Mar 2022 · trailing 12-month earnings per share at 100, against 100 at the start · no comparable year yet · 9 reportingJun 2022 · trailing 12-month earnings per share at 100, against 100 at the start · up 173.2% on a year ago · 11 reportingSep 2022 · trailing 12-month earnings per share at 97, against 100 at the start · no comparable year yet · 11 reportingDec 2022 · trailing 12-month earnings per share at 96, against 100 at the start · down 17.3% on a year ago · 12 reportingMar 2023 · trailing 12-month earnings per share at 100, against 100 at the start · down 16.7% on a year ago · 10 reportingJun 2023 · trailing 12-month earnings per share at 84, against 100 at the start · down 37.3% on a year ago · 12 reportingSep 2023 · trailing 12-month earnings per share at 85, against 100 at the start · down 50.2% on a year ago · 10 reportingDec 2023 · trailing 12-month earnings per share at 77, against 100 at the start · down 43.4% on a year ago · 12 reportingMar 2024 · trailing 12-month earnings per share at 62, against 100 at the start · down 42.8% on a year ago · 10 reportingJun 2024 · trailing 12-month earnings per share at 86, against 100 at the start · down 20.6% on a year ago · 13 reportingSep 2024 · trailing 12-month earnings per share at 39, against 100 at the start · down 52.2% on a year ago · 11 reportingDec 2024 · trailing 12-month earnings per share at 68, against 100 at the start · down 15.7% on a year ago · 13 reportingMar 2025 · trailing 12-month earnings per share at 15, against 100 at the start · down 66.2% on a year ago · 11 reportingJun 2025 · trailing 12-month earnings per share at 25, against 100 at the start · down 66.9% on a year ago · 13 reportingSep 2025 · trailing 12-month earnings per share at 28, against 100 at the start · down 62.1% on a year ago · 11 reportingDec 2025 · trailing 12-month earnings per share at 37, against 100 at the start · down 14.0% on a year ago · 13 reportingMar 2026 · trailing 12-month earnings per share at 33, against 100 at the start · up 37.0% on a year ago · 10 reportingNot reported yet — earnings trail price by a quarter or two33No earnings on file this far back — the price series reaches further than the filings do
Other Industrial Metals & Mining, equal-weighted, based at 200 S&P 500, same base, same start trailing 12-month earnings per share rising falling
Strength anatomy NarrowHow much of the industry is participating, how recently, and whether the movers score well.
Together2 of 34 stocks moving
Fresh0 crossed in the last 4 weeks
Backed by scoresmovers score +5 vs the industry average
Down the cap ladder — bar is now, tick is four weeks ago
Large 1/70
Mid 1/12−1
Small 0/15−2

Participation is not spreading downward this month; the larger companies are still carrying most of it.

Both lines start at 200 in the same week, so the distance between them is the whole story: the industry line is an equal-weighted index of its 34 companies. The bars underneath are trailing 12-month earnings per share, one bar per reported quarter, each member rebased to 100 at the start and the industry taking the median — so a price line pulling away from flat bars is a re-rating, not earnings. A bar turns red when that figure is lower than the quarter before. Rules are fixed and applied identically everywhere on this site: ahead by 5% or more over three months, or behind by 20% or more over a year while earnings grew 20% or more. Hover any point to read both values and the gap. This is a description of what the numbers did, not advice.

Sector relative strength · before individual stocks

Is Other Industrial Metals & Mining outperforming S&P 500?

Other Industrial Metals & Mining has outperformed S&P 500 by 53% over the last 52 weeks. Over 13 weeks the gap is a shortfall of 31.2%. 7 of 29 covered companies currently beat the S&P 500 on Mansfield relative strength, so leadership inside the sector is selective. Materion Corporation is the strongest against the sector itself at +37.9%.

-31.2%Sector vs S&P 500 · 13 weeks
+53.0%Sector vs S&P 500 · 52 weeks
7/29Stocks leading S&P 500
11/29Stocks leading sector

Sector metric: — as of latest available · unclassified · direction unavailable.

The central tension: the companies with the most scale are not necessarily the companies creating the most change.

Start with scale. Then earnings trajectory. Then business quality. Only after those three agree should price leadership carry much weight.

Bottom line

Other Industrial Metals & Mining has outperformed S&P 500 by 53% over 52 weeks and 31.2% over 13 weeks. 7 of 29 covered companies beat the S&P 500 on Mansfield relative strength, while 11 of 29 beat the sector itself. Vale S.A. leads with revenue of $39,778 million, based on 11 of 30 comparable companies through Mar 2026.

Is the Other Industrial Metals & Mining sector outperforming S&P 500?

Other Industrial Metals & Mining has outperformed S&P 500 by 53% over 52 weeks and 31.2% over 13 weeks. 7 of 29 covered companies beat the S&P 500 on Mansfield relative strength, while 11 of 29 beat the sector itself.

Which Other Industrial Metals & Mining company is largest by revenue?

Vale S.A. leads with revenue of $39,778 million, based on 11 of 30 comparable companies through Mar 2026.

Which Other Industrial Metals & Mining company is growing fastest?

United States Antimony Corporation has the fastest current revenue growth at 100%, across 9 of 30 comparable companies.

Which Other Industrial Metals & Mining company has the strongest 4-Factor Sector Score?

Teck Resources Limited ranks first at 68.1/100 with 58.7% evidence confidence. The score prioritizes research; it is not a buy recommendation.

Which Other Industrial Metals & Mining company reports the most CAPEX?

Rio Tinto Group reports the largest latest CAPEX at $7,601 million, with 29 of 30 companies comparable.

Which Other Industrial Metals & Mining company has the least gross debt?

Lithium Argentina AG has the lowest comparable gross debt at $0 million. Vale S.A. has the highest at $21,329 million.

Which Other Industrial Metals & Mining company has the lowest comparable PEG?

Vale S.A. has the lowest comparable Guarded PEG at 0.18, among 2 of 30 companies that pass the metric’s comparability rules.

How much history does this Other Industrial Metals & Mining comparison include?

The page compares up to 20 reported quarters per company for fundamentals, CAPEX, debt and valuation, ending Jun 2026. Missing observations remain blank rather than being estimated.

How is the 4-Factor Sector Score calculated?

The four visible contributions add directly: growth and earnings up to 35 points, capital efficiency up to 25, valuation up to 20, and relative strength up to 20. Missing or stale evidence moves only the affected contribution toward neutral.

Companies
30
complete canonical membership
Combined market value
$501.6B
BHP Group Limited
Revenue growing
8/9
positive TTM year-on-year growth
Beating S&P 500
7/29
positive Mansfield relative strength
Global company selection
00 · research priority, made explicit

4-Factor Sector Score

An additive sector-relative research score. The four displayed point contributions always equal the total: Growth & earnings (35), Capital efficiency (25), Valuation (20), and Relative strength (20). Missing or stale evidence is absorbed inside the affected factor, never applied as a hidden adjustment.

Growth & earnings · 35%Capital efficiency · 25%Valuation · 20%Relative strength · 20%
Teck Resources Limited has the strongest current balance of earnings trajectory, business quality, valuation and price confirmation, with 58.7% evidence confidence.
Vale S.A. looks inexpensive relative to peers or its own history, but its earnings trajectory has not yet earned the valuation signal.
Vale S.A. has stronger price confirmation than earnings confirmation; that is a research prompt, not permission to chase.

Missing observations are not scored as bad. Their missing weight lowers confidence and pulls the final score toward neutral. PEG is guarded: positive earnings, positive 5–60% three-year EPS growth, and a positive P/E are required.

1. Teck Resources Limited · TECK

68.1/100 · Thin evidence · provisional · 59% evidence

Exact sum: 23.6 + 16.6 + 9.8 + 18.1 = 68.1

Decision use: Fill the missing evidence before acting; the ranking is deliberately pulled toward neutral.

23.6/35Growth & earnings

Revenue — · PAT — · OPM change 19.3 pp

45% evidence

16.6/25Capital efficiency

ROCE 10.5% · debt/equity 0.34×

80% evidence

9.8/20Valuation

P/E 16.6× · PEG —

15% evidence

18.1/20Relative strength

RS sector 24.3% · RS bench 11.3% · 1Y 89%

100% evidence

2. Santacruz Silver Mining Ltd. · SCZM

65.6/100 · Favorable setup · 82% evidence

Exact sum: 23.7 + 18.7 + 15.4 + 7.8 = 65.6

Decision use: Balanced evidence: keep at normal research priority and require another comparable period before raising conviction.

23.7/35Growth & earnings

Revenue 28% · PAT 46.3% · OPM change -5.3 pp

83% evidence

18.7/25Capital efficiency

ROCE 30.1% · debt/equity 0.23×

80% evidence

15.4/20Valuation

P/E 13× · PEG 0.36

65% evidence

7.8/20Relative strength

RS sector -13.9% · RS bench -23.7% · 1Y 89.4%

100% evidence

3. Nexa Resources S.A. · NEXA

59.8/100 · Thin evidence · provisional · 59% evidence

Exact sum: 21 + 11.3 + 10.9 + 16.6 = 59.8

Decision use: Fill the missing evidence before acting; the ranking is deliberately pulled toward neutral.

21.0/35Growth & earnings

Revenue 16% · PAT — · OPM change 14.8 pp

62% evidence

11.3/25Capital efficiency

ROCE 5.5% · debt/equity 1.3×

80% evidence

10.9/20Valuation

P/E 6.7× · PEG —

15% evidence

16.6/20Relative strength

RS sector 35.9% · RS bench 17.1% · 1Y 164.7%

70% evidence

4. Almonty Industries Inc. · ALM

57.7/100 · Thin evidence · provisional · 56% evidence

Exact sum: 24.1 + 10.7 + 10 + 12.9 = 57.7

Decision use: Fill the missing evidence before acting; the ranking is deliberately pulled toward neutral.

24.1/35Growth & earnings

Revenue 72.4% · PAT — · OPM change 87.5 pp

62% evidence

10.7/25Capital efficiency

ROCE 1% · debt/equity 0.46×

80% evidence

10.0/20Valuation

P/E — · PEG —

0% evidence

12.9/20Relative strength

RS sector 13.5% · RS bench -4.1% · 1Y 225.3%

70% evidence

5. Americas Gold and Silver Corporation · USAS

56.8/100 · Thin evidence · provisional · 56% evidence

Exact sum: 24.7 + 15.4 + 10 + 6.7 = 56.8

Decision use: Fill the missing evidence before acting; the ranking is deliberately pulled toward neutral.

24.7/35Growth & earnings

Revenue 58.3% · PAT — · OPM change 87.3 pp

62% evidence

15.4/25Capital efficiency

ROCE 11.6% · debt/equity 0.23×

80% evidence

10.0/20Valuation

P/E — · PEG —

0% evidence

6.7/20Relative strength

RS sector -19.5% · RS bench -30% · 1Y 68%

70% evidence

6. Vale S.A. · VALE

54.8/100 · Mixed-positive evidence · 82% evidence

Exact sum: 12.9 + 12.9 + 14.4 + 14.6 = 54.8

Decision use: Price leads the evidence: RS versus the benchmark is -1.3%, but earnings trajectory is weak. Wait for revenue and profit confirmation.

12.9/35Growth & earnings

Revenue 5% · PAT -54.8% · OPM change 3.5 pp

83% evidence

12.9/25Capital efficiency

ROCE 3.3% · debt/equity 0.57×

80% evidence

14.4/20Valuation

P/E 23.4× · PEG 0.18

65% evidence

14.6/20Relative strength

RS sector 9.9% · RS bench -1.3% · 1Y 51.4%

100% evidence

7. Materion Corporation · MTRN

54.6/100 · Thin evidence · provisional · 59% evidence

Exact sum: 15.2 + 11.2 + 9 + 19.2 = 54.6

Decision use: Fill the missing evidence before acting; the ranking is deliberately pulled toward neutral.

15.2/35Growth & earnings

Revenue — · PAT — · OPM change -3.4 pp

45% evidence

11.2/25Capital efficiency

ROCE 1.8% · debt/equity 0.59×

80% evidence

9.0/20Valuation

P/E 40.7× · PEG —

15% evidence

19.2/20Relative strength

RS sector 37.9% · RS bench 23.5% · 1Y 99.6%

100% evidence

8. Compass Minerals International, Inc. · CMP

53.2/100 · Thin evidence · provisional · 59% evidence

Exact sum: 19.3 + 8.9 + 8.5 + 16.5 = 53.2

Decision use: Fill the missing evidence before acting; the ranking is deliberately pulled toward neutral.

19.3/35Growth & earnings

Revenue 6.4% · PAT — · OPM change 13 pp

62% evidence

8.9/25Capital efficiency

ROCE 4.8% · debt/equity 2.65×

80% evidence

8.5/20Valuation

P/E 155.7× · PEG —

15% evidence

16.5/20Relative strength

RS sector 32.3% · RS bench 19.7% · 1Y 50.1%

70% evidence

9. Sigma Lithium Corporation · SGML

48.8/100 · Thin evidence · provisional · 51% evidence

Exact sum: 21 + 10.9 + 8.8 + 8.1 = 48.8

Decision use: Fill the missing evidence before acting; the ranking is deliberately pulled toward neutral.

21.0/35Growth & earnings

Revenue — · PAT — · OPM change 18.4 pp

39% evidence

10.9/25Capital efficiency

ROCE 8% · debt/equity 1.9×

80% evidence

8.8/20Valuation

P/E 109.4× · PEG —

15% evidence

8.1/20Relative strength

RS sector -9.2% · RS bench -21.5% · 1Y 86.8%

70% evidence

10. TMC the metals company Inc. · TMC

45.2/100 · Thin evidence · provisional · 52% evidence

Exact sum: 20.3 + 8.9 + 11 + 5 = 45.2

Decision use: Fill the missing evidence before acting; the ranking is deliberately pulled toward neutral.

20.3/35Growth & earnings

Revenue — · PAT — · OPM change —

33% evidence

8.9/25Capital efficiency

ROCE -49.4% · debt/equity 0.02×

68% evidence

11.0/20Valuation

P/E 5.9× · PEG —

15% evidence

5.0/20Relative strength

RS sector -38.3% · RS bench -43% · 1Y -38.8%

100% evidence

11. Ferroglobe PLC · GSM

44.2/100 · Thin evidence · provisional · 59% evidence

Exact sum: 18.6 + 10.1 + 9.3 + 6.2 = 44.2

Decision use: Fill the missing evidence before acting; the ranking is deliberately pulled toward neutral.

18.6/35Growth & earnings

Revenue -11.8% · PAT — · OPM change 15.9 pp

62% evidence

10.1/25Capital efficiency

ROCE -0.8% · debt/equity 0.41×

80% evidence

9.3/20Valuation

P/E 31.7× · PEG —

15% evidence

6.2/20Relative strength

RS sector -22.4% · RS bench -28.3% · 1Y -15.4%

70% evidence

12. Standard Lithium Ltd. · SLI

40.1/100 · Thin evidence · provisional · 52% evidence

Exact sum: 17.3 + 12.3 + 10.1 + 0.4 = 40.1

Decision use: Fill the missing evidence before acting; the ranking is deliberately pulled toward neutral.

17.3/35Growth & earnings

Revenue — · PAT -127.6% · OPM change —

33% evidence

12.3/25Capital efficiency

ROCE -0.9% · debt/equity 0×

68% evidence

10.1/20Valuation

P/E 13.2× · PEG —

15% evidence

0.4/20Relative strength

RS sector -45% · RS bench -50% · 1Y -11.8%

100% evidence

13. United States Antimony Corporation · UAMY

37.5/100 · Thin evidence · provisional · 59% evidence

Exact sum: 13.4 + 9.8 + 9.1 + 5.2 = 37.5

Decision use: Fill the missing evidence before acting; the ranking is deliberately pulled toward neutral.

13.4/35Growth & earnings

Revenue 100% · PAT — · OPM change -115.9 pp

62% evidence

9.8/25Capital efficiency

ROCE -8.9% · debt/equity 0×

80% evidence

9.1/20Valuation

P/E 36.8× · PEG —

15% evidence

5.2/20Relative strength

RS sector -28.1% · RS bench -36.1% · 1Y 76%

70% evidence

14. MP Materials Corp. · MP

35.1/100 · Mixed-negative evidence · 65% evidence

Exact sum: 14.2 + 9.2 + 8.7 + 3 = 35.1

Decision use: Balanced evidence: keep at normal research priority and require another comparable period before raising conviction.

14.2/35Growth & earnings

Revenue 18.1% · PAT — · OPM change -16 pp

62% evidence

9.2/25Capital efficiency

ROCE -2.3% · debt/equity 0.42×

80% evidence

8.7/20Valuation

P/E 141.8× · PEG —

15% evidence

3.0/20Relative strength

RS sector -33.1% · RS bench -37.1% · 1Y -35.2%

100% evidence

15. BHP Group Limited · BHP

60.5/100 · Thin evidence · provisional · 35% evidence

Exact sum: 17.9 + 13.7 + 9.9 + 19 = 60.5

Decision use: Fill the missing evidence before acting; the ranking is deliberately pulled toward neutral.

17.9/35Growth & earnings

Revenue — · PAT — · OPM change —

9% evidence

13.7/25Capital efficiency

ROCE 6.5% · debt/equity —

34% evidence

9.9/20Valuation

P/E 15× · PEG —

15% evidence

19.0/20Relative strength

RS sector 27.1% · RS bench 14.7% · 1Y 65.2%

100% evidence

16. Rio Tinto Group · RIO

57.4/100 · Thin evidence · provisional · 35% evidence

Exact sum: 17.6 + 13.2 + 10.2 + 16.4 = 57.4

Decision use: Fill the missing evidence before acting; the ranking is deliberately pulled toward neutral.

17.6/35Growth & earnings

Revenue — · PAT — · OPM change —

9% evidence

13.2/25Capital efficiency

ROCE 3.9% · debt/equity —

34% evidence

10.2/20Valuation

P/E 13.2× · PEG —

15% evidence

16.4/20Relative strength

RS sector 13.7% · RS bench 2.1% · 1Y 53.6%

100% evidence

17. Evolution Metals & Technologies Corp. · EMAT

52.7/100 · Thin evidence · provisional · 30% evidence

Exact sum: 17.9 + 14.3 + 10 + 10.5 = 52.7

Decision use: Fill the missing evidence before acting; the ranking is deliberately pulled toward neutral.

17.9/35Growth & earnings

Revenue — · PAT — · OPM change —

4% evidence

14.3/25Capital efficiency

ROCE 276.6% · debt/equity —

57% evidence

10.0/20Valuation

P/E — · PEG —

0% evidence

10.5/20Relative strength

RS sector 0.1% · RS bench -9.1% · 1Y -56.4%

70% evidence

18. Lithium Argentina AG · LAR

52.3/100 · Thin evidence · provisional · 46% evidence

Exact sum: 18.4 + 13.7 + 11.3 + 8.9 = 52.3

Decision use: Fill the missing evidence before acting; the ranking is deliberately pulled toward neutral.

18.4/35Growth & earnings

Revenue — · PAT — · OPM change —

33% evidence

13.7/25Capital efficiency

ROCE 1.2% · debt/equity 0×

68% evidence

11.3/20Valuation

P/E 0.4× · PEG —

15% evidence

8.9/20Relative strength

RS sector -3.9% · RS bench -17% · 1Y 114.1%

70% evidence

19. Elevra Lithium Limited · ELVR

50.3/100 · Thin evidence · provisional · 12% evidence

Exact sum: 16.5 + 13.8 + 10 + 10 = 50.3

Decision use: Fill the missing evidence before acting; the ranking is deliberately pulled toward neutral.

16.5/35Growth & earnings

Revenue — · PAT — · OPM change —

9% evidence

13.8/25Capital efficiency

ROCE 12.6% · debt/equity —

34% evidence

10.0/20Valuation

P/E — · PEG —

0% evidence

10.0/20Relative strength

RS sector — · RS bench — · 1Y —

0% evidence

20. NioCorp Developments Ltd. · NB

49.6/100 · Thin evidence · provisional · 46% evidence

Exact sum: 21.1 + 12.2 + 11.2 + 5.1 = 49.6

Decision use: Fill the missing evidence before acting; the ranking is deliberately pulled toward neutral.

21.1/35Growth & earnings

Revenue — · PAT — · OPM change —

33% evidence

12.2/25Capital efficiency

ROCE -3.1% · debt/equity 0×

68% evidence

11.2/20Valuation

P/E 3.6× · PEG —

15% evidence

5.1/20Relative strength

RS sector -28.6% · RS bench -34.1% · 1Y 27.5%

70% evidence

21. Skeena Resources Limited · SKE

47.9/100 · Thin evidence · provisional · 49% evidence

Exact sum: 15.1 + 8.5 + 10 + 14.3 = 47.9

Decision use: Fill the missing evidence before acting; the ranking is deliberately pulled toward neutral.

15.1/35Growth & earnings

Revenue — · PAT — · OPM change —

33% evidence

8.5/25Capital efficiency

ROCE -5% · debt/equity 0.36×

68% evidence

10.0/20Valuation

P/E — · PEG —

0% evidence

14.3/20Relative strength

RS sector 11.5% · RS bench -1.6% · 1Y 83.7%

100% evidence

22. Blue Moon Metals Inc. · BMM

47.3/100 · Thin evidence · provisional · 46% evidence

Exact sum: 12.2 + 8.9 + 10.6 + 15.6 = 47.3

Decision use: Fill the missing evidence before acting; the ranking is deliberately pulled toward neutral.

12.2/35Growth & earnings

Revenue — · PAT — · OPM change —

33% evidence

8.9/25Capital efficiency

ROCE -15.7% · debt/equity 0.06×

68% evidence

10.6/20Valuation

P/E 8.8× · PEG —

15% evidence

15.6/20Relative strength

RS sector 25.2% · RS bench 8.3% · 1Y 103.1%

70% evidence

23. Trilogy Metals Inc. · TMQ

43.9/100 · Thin evidence · provisional · 43% evidence

Exact sum: 14.9 + 11.9 + 10 + 7.1 = 43.9

Decision use: Fill the missing evidence before acting; the ranking is deliberately pulled toward neutral.

14.9/35Growth & earnings

Revenue — · PAT — · OPM change —

33% evidence

11.9/25Capital efficiency

ROCE -1.7% · debt/equity 0×

68% evidence

10.0/20Valuation

P/E — · PEG —

0% evidence

7.1/20Relative strength

RS sector -18% · RS bench -27.7% · 1Y 88.1%

70% evidence

24. IperionX Limited · IPX

43.1/100 · Thin evidence · provisional · 37% evidence

Exact sum: 19.8 + 9.9 + 10 + 3.4 = 43.1

Decision use: Fill the missing evidence before acting; the ranking is deliberately pulled toward neutral.

19.8/35Growth & earnings

Revenue — · PAT — · OPM change —

33% evidence

9.9/25Capital efficiency

ROCE 0% · debt/equity —

46% evidence

10.0/20Valuation

P/E — · PEG —

0% evidence

3.4/20Relative strength

RS sector -42.5% · RS bench -46.1% · 1Y -41.3%

70% evidence

25. Critical Metals Corp. · CRML

41.6/100 · Thin evidence · provisional · 34% evidence

Exact sum: 17.8 + 8.8 + 11.5 + 3.5 = 41.6

Decision use: Fill the missing evidence before acting; the ranking is deliberately pulled toward neutral.

17.8/35Growth & earnings

Revenue — · PAT — · OPM change —

24% evidence

8.8/25Capital efficiency

ROCE -14.6% · debt/equity —

34% evidence

11.5/20Valuation

P/E 0× · PEG —

15% evidence

3.5/20Relative strength

RS sector -39.6% · RS bench -46.4% · 1Y 48.6%

70% evidence

26. Northern Dynasty Minerals Ltd. · NAK

41.0/100 · Thin evidence · provisional · 46% evidence

Exact sum: 12.9 + 9.4 + 10.7 + 8 = 41

Decision use: Fill the missing evidence before acting; the ranking is deliberately pulled toward neutral.

12.9/35Growth & earnings

Revenue — · PAT — · OPM change —

33% evidence

9.4/25Capital efficiency

ROCE -12.4% · debt/equity 0.07×

68% evidence

10.7/20Valuation

P/E 7.2× · PEG —

15% evidence

8.0/20Relative strength

RS sector -10.2% · RS bench -20.2% · 1Y 93.3%

70% evidence

27. Lithium Americas Corp. · LAC

40.7/100 · Thin evidence · provisional · 43% evidence

Exact sum: 16.7 + 10 + 10 + 4 = 40.7

Decision use: Fill the missing evidence before acting; the ranking is deliberately pulled toward neutral.

16.7/35Growth & earnings

Revenue — · PAT — · OPM change —

33% evidence

10.0/25Capital efficiency

ROCE -0.6% · debt/equity 0.47×

68% evidence

10.0/20Valuation

P/E — · PEG —

0% evidence

4.0/20Relative strength

RS sector -38.9% · RS bench -44.5% · 1Y 8.6%

70% evidence

28. Vizsla Silver Corp. · VZLA

40.0/100 · Thin evidence · provisional · 43% evidence

Exact sum: 14.5 + 8.7 + 10 + 6.8 = 40

Decision use: Fill the missing evidence before acting; the ranking is deliberately pulled toward neutral.

14.5/35Growth & earnings

Revenue — · PAT — · OPM change —

33% evidence

8.7/25Capital efficiency

ROCE -2.4% · debt/equity 0.55×

68% evidence

10.0/20Valuation

P/E — · PEG —

0% evidence

6.8/20Relative strength

RS sector -21.1% · RS bench -27% · 1Y 10%

70% evidence

29. USA Rare Earth, Inc. · USAR

39.0/100 · Thin evidence · provisional · 45% evidence

Exact sum: 17 + 9.8 + 9.6 + 2.6 = 39

Decision use: Fill the missing evidence before acting; the ranking is deliberately pulled toward neutral.

17.0/35Growth & earnings

Revenue — · PAT -1061% · OPM change —

7% evidence

9.8/25Capital efficiency

ROCE -3.4% · debt/equity 0×

80% evidence

9.6/20Valuation

P/E 17× · PEG —

15% evidence

2.6/20Relative strength

RS sector -24.1% · RS bench -31.2% · 1Y 0.9%

100% evidence

30. REalloys Inc. · ALOY

36.1/100 · Thin evidence · provisional · 45% evidence

Exact sum: 11.2 + 8.8 + 10 + 6.1 = 36.1

Decision use: Fill the missing evidence before acting; the ranking is deliberately pulled toward neutral.

11.2/35Growth & earnings

Revenue — · PAT — · OPM change -96.5 pp

39% evidence

8.8/25Capital efficiency

ROCE -155.8% · debt/equity 0.01×

68% evidence

10.0/20Valuation

P/E — · PEG —

0% evidence

6.1/20Relative strength

RS sector -21.7% · RS bench -30.7% · 1Y 3.5%

70% evidence

01 · compare level, then change

Revenue Scale & Growth Durability

Vale S.A. has the highest Revenue among the 30 Other Industrial Metals & Mining companies compared here, at $39,778 million. Nexa Resources S.A. is next at $3,263 million. United States Antimony Corporation has the highest Revenue growth at the 100% top of the scoring scale, so level and change sit with different companies.

What the numbers say: Vale S.A. is the scale leader at $39,778 million, 12.2× the revenue of Nexa Resources S.A.. United States Antimony Corporation's growth is stored at the ≥100% scoring cap from a $40 million base, with 19 reported observations in the 20-quarter window. Treat the growth leader as an acceleration candidate, not as equally proven scale.

LeaderVale S.A. · $39,778 million
Gap12.2× versus #2 · Nexa Resources S.A.
Persistence3/8 recent comparable periods
Coverage11/30 companies · 258 observations

Investor read: Vale S.A. is the scale benchmark; United States Antimony Corporation is the acceleration watch. Promote the challenger only if growth persists and converts into margin and returns.

This conclusion weakens if: Vale S.A.'s growth falls below United States Antimony Corporation's for two consecutive comparable reports while operating margin also compresses.

Revenue is compared on a common reported-currency basis. Growth is year-on-year, so seasonality does not masquerade as progress.
Revenuelargest
1Vale S.A. VALE$39.8B
2Nexa Resources S.A. NEXA$3.3B
3Ferroglobe PLC GSM$1.4B
4Compass Minerals International, Inc. CMP$1.3B
5Santacruz Silver Mining Ltd. SCZM$384M
Revenue growthfastest growers
1United States Antimony Corporation UAMY100%
2Almonty Industries Inc. ALM72%
3Americas Gold and Silver Corporation USAS58%
4Santacruz Silver Mining Ltd. SCZM28%
5MP Materials Corp. MP18%
Revenue · company comparison
11/30 level · 9/30 change

Solid lines show level; dotted lines show change when “Both” is selected. Missing reports break the line rather than being invented.

All-company data · latest reported quarter

Each figure is the company’s latest single reported quarter. The rankings above use trailing-twelve-month or current-market values, so a company can legitimately show a different number in each.

CompanyRevenueRevenue growthReported
Rio Tinto Group RIO$30.8B15%Dec 2025
BHP Group Limited BHP$27.9B11%Dec 2025
Vale S.A. VALE$9.3B14%Mar 2026
Teck Resources Limited TECK$3.9B72%Jun 2026
Nexa Resources S.A. NEXA$888M42%Mar 2026
Materion Corporation MTRN$550M27%Jun 2026
Compass Minerals International, Inc. CMP$453M-8.5%Mar 2026
Ferroglobe PLC GSM$348M13%Mar 2026
Santacruz Silver Mining Ltd. SCZM$128M83%Mar 2026
MP Materials Corp. MP$91M49%Mar 2026
Elevra Lithium Limited ELVR$86M7.5%Dec 2025
Americas Gold and Silver Corporation USAS$68M183%Mar 2026
Sigma Lithium Corporation SGML$42M-13%Mar 2026
Almonty Industries Inc. ALM$25M213%Mar 2026
United States Antimony Corporation UAMY$7M0.0%Mar 2026
USA Rare Earth, Inc. USAR$6MMar 2026
Evolution Metals & Technologies Corp. EMAT$2MMar 2026
REalloys Inc. ALOY$1M0.0%Mar 2026
Full 20-quarter history · every available company

Revenue · reported quarter history

Showing the 12 largest of 18 companies with a series here. The remaining 6 are complete in the plain-text rendition and the trace payload — nothing is dropped from the data, only from this grid.

Almonty Industries Inc. · ALM

$5M
$6M
$6M
$7M
$5M
$7M
$7M
$6M
$4M
$5M
$8M
$8M
$7M
$6M
$8M
$7M
$9M
$9M
$25M

Americas Gold and Silver Corporation · USAS

$11M
$14M
$26M
$20M
$18M
$20M
$22M
$24M
$18M
$25M
$21M
$33M
$22M
$24M
$24M
$27M
$31M
$37M
$68M

BHP Group Limited · BHP

$30.5B
$34.6B
$25.7B
$28.1B
$27.2B
$28.4B
$25.2B
$26.1B
$27.9B

Compass Minerals International, Inc. · CMP

$212M
$332M
$449M
$215M
$251M
$352M
$411M
$208M
$234M
$342M
$364M
$203M
$209M
$307M
$495M
$215M
$228M
$396M
$453M

Evolution Metals & Technologies Corp. · EMAT

$2M

Materion Corporation · MTRN

$371M
$388M
$449M
$445M
$435M
$443M
$399M
$403M
$421M
$385M
$426M
$437M
$437M
$420M
$432M
$445M
$490M
$550M

MP Materials Corp. · MP

$100M
$99M
$166M
$144M
$124M
$93M
$96M
$64M
$53M
$41M
$49M
$31M
$63M
$61M
$61M
$57M
$54M
$53M
$91M

Nexa Resources S.A. · NEXA

$655M
$678M
$722M
$829M
$703M
$780M
$667M
$627M
$649M
$630M
$580M
$736M
$709M
$741M
$627M
$708M
$764M
$903M
$888M

Rio Tinto Group · RIO

$29.8B
$25.8B
$26.7B
$27.4B
$26.8B
$26.9B
$26.9B
$30.8B

Teck Resources Limited · TECK

$4.0B
$4.4B
$4.6B
$5.3B
$4.3B
$3.1B
$3.8B
$3.5B
$2.0B
$1.8B
$1.6B
$1.8B
$2.9B
$2.8B
$2.3B
$2.0B
$3.4B
$3.1B
$3.9B

USA Rare Earth, Inc. · USAR

$6M

Vale S.A. · VALE

$11.8B
$13.1B
$10.8B
$11.2B
$9.6B
$11.9B
$8.4B
$10.0B
$10.3B
$13.1B
$8.4B
$9.9B
$9.7B
$10.1B
$8.1B
$8.8B
$10.7B
$11.1B
$9.3B

Revenue growth · reported quarter history

Showing the 12 largest of 16 companies with a series here. The remaining 4 are complete in the plain-text rendition and the trace payload — nothing is dropped from the data, only from this grid.

Almonty Industries Inc. · ALM

17%
0.0%
17%
17%
-14%
-20%
-29%
14%
33%
75%
20%
0.0%
-13%
29%
50%
213%

Americas Gold and Silver Corporation · USAS

100%
64%
43%
-15%
20%
0.0%
25%
-4.6%
38%
22%
-4.0%
14%
-18%
41%
54%
183%

BHP Group Limited · BHP

27%
-6.0%
-16%
-19%
5.9%
1.2%
-7.6%
-8.2%
11%

Compass Minerals International, Inc. · CMP

8.0%
18%
6.0%
-8.5%
-3.3%
-6.8%
-2.8%
-11%
-2.4%
-11%
-10%
36%
5.9%
9.1%
29%
-8.5%

Elevra Lithium Limited · ELVR

7.5%

Materion Corporation · MTRN

20%
12%
-11%
-9.4%
-3.2%
-13%
6.8%
8.4%
3.8%
9.1%
1.4%
1.8%
12%
27%

MP Materials Corp. · MP

97%
24%
-6.1%
-42%
-56%
-57%
-56%
-49%
-52%
19%
49%
24%
84%
-14%
-13%
49%

Nexa Resources S.A. · NEXA

21%
7.3%
15%
-7.6%
-24%
-7.7%
-19%
-13%
17%
9.2%
18%
8.1%
-3.8%
7.8%
22%
42%

Rio Tinto Group · RIO

-10%
6.2%
0.5%
-1.9%
0.3%
15%

Sigma Lithium Corporation · SGML

-89%
30%
-63%
38%
-13%

Teck Resources Limited · TECK

107%
7.3%
-29%
-18%
-34%
-53%
-41%
-57%
-49%
44%
51%
41%
12%
18%
9.8%
72%

Vale S.A. · VALE

-36%
-19%
-8.9%
-22%
-11%
7.1%
9.3%
-1.0%
-0.5%
-5.6%
-22%
-2.8%
-11%
9.6%
9.3%
14%
02 · compare level, then change

Operating Economics & Margin Trend

Teck Resources Limited has the highest OPM among the 30 Other Industrial Metals & Mining companies compared here, at 41.2%. Americas Gold and Silver Corporation is next at 39.9%. Almonty Industries Inc. has the highest Margin change at +87.5 percentage points, so level and change sit with different companies. Its OPM series carries 19 reported observations across the 20-quarter window.

What the numbers say: Teck Resources Limited leads opm at 41.2%; Almonty Industries Inc. leads margin change at +87.5 percentage points.

LeaderTeck Resources Limited · 41.2%
Gap3.3% versus #2 · Americas Gold and Silver Corporation
Persistence5/8 recent comparable periods
Coverage14/30 companies · 237 observations

Investor read: Teck Resources Limited sets the level benchmark; use the change leader as an inflection watch only after another comparable report confirms it.

This conclusion weakens if: The next two comparable reports reverse the current margin change signal.

Operating margin compares operating profit with revenue. Improvement is measured in percentage points, not percentage growth.
OPMhighest
1Teck Resources Limited TECK41%
2Americas Gold and Silver Corporation USAS40%
3Sigma Lithium Corporation SGML33%
4Santacruz Silver Mining Ltd. SCZM27%
5Vale S.A. VALE26%
Margin changefastest expanders
1Almonty Industries Inc. ALM+87.5 pp
2Americas Gold and Silver Corporation USAS+87.3 pp
3Teck Resources Limited TECK+19.3 pp
4Sigma Lithium Corporation SGML+18.4 pp
5Ferroglobe PLC GSM+15.9 pp
Operating margin · company comparison
14/30 level · 13/30 change

Solid lines show level; dotted lines show change when “Both” is selected. Missing reports break the line rather than being invented.

All-company data · latest reported quarter

Each figure is the company’s latest single reported quarter. The rankings above use trailing-twelve-month or current-market values, so a company can legitimately show a different number in each.

CompanyOPMMargin changeReported
Teck Resources Limited TECK41%+19.3 ppJun 2026
Americas Gold and Silver Corporation USAS40%+87.3 ppMar 2026
Sigma Lithium Corporation SGML33%+18.4 ppMar 2026
Santacruz Silver Mining Ltd. SCZM27%−5.3 ppMar 2026
Vale S.A. VALE26%+3.5 ppMar 2026
Nexa Resources S.A. NEXA23%+14.8 ppMar 2026
Almonty Industries Inc. ALM14%+87.5 ppMar 2026
Compass Minerals International, Inc. CMP12%+13.0 ppMar 2026
Materion Corporation MTRN5.1%−3.4 ppJun 2026
Ferroglobe PLC GSM-2.2%+15.9 ppMar 2026
MP Materials Corp. MP-73%−16.0 ppMar 2026
United States Antimony Corporation UAMY-111%−115.9 ppMar 2026
REalloys Inc. ALOY-248%−96.5 ppMar 2026
Evolution Metals & Technologies Corp. EMAT-333%Mar 2026
USA Rare Earth, Inc. USAR-644%Mar 2026
Full 20-quarter history · every available company

OPM · reported quarter history

Showing the 12 largest of 15 companies with a series here. The remaining 3 are complete in the plain-text rendition and the trace payload — nothing is dropped from the data, only from this grid.

Almonty Industries Inc. · ALM

-52%
-37%
-10%
-10%
-94%
-23%
-13%
-34%
-17%
-43%
-16%
-11%
-32%
-42%
-74%
-164%
-36%
-124%
14%

Americas Gold and Silver Corporation · USAS

-166%
-80%
-4.1%
-39%
-51%
-40%
-23%
-23%
-48%
-14%
-48%
2.0%
-33%
-40%
-47%
-40%
-6.5%
-5.5%
40%

Compass Minerals International, Inc. · CMP

1.0%
6.2%
4.5%
-1.6%
2.4%
7.9%
12%
-0.3%
0.9%
-16%
-11%
2.9%
-14%
0.2%
-0.6%
7.4%
5.3%
9.2%
12%

Evolution Metals & Technologies Corp. · EMAT

-333%

Materion Corporation · MTRN

5.6%
5.5%
4.4%
7.2%
9.0%
8.3%
8.9%
9.1%
6.6%
5.8%
7.5%
7.2%
-8.8%
6.5%
8.5%
7.9%
2.2%
5.1%

MP Materials Corp. · MP

54%
61%
69%
67%
64%
47%
34%
0.8%
-33%
-82%
-67%
-171%
-63%
-72%
-57%
-77%
-125%
-104%
-73%

Nexa Resources S.A. · NEXA

13%
10%
17%
29%
5.5%
-5.4%
6.5%
-18%
-0.6%
-12%
8.6%
2.7%
12%
16%
8.6%
8.5%
23%
23%
23%

Sigma Lithium Corporation · SGML

26%
-8.8%
-0.9%
12%
-75%
14%
-119%
-32%
-32%
33%

Teck Resources Limited · TECK

38%
53%
54%
50%
29%
19%
49%
30%
-0.2%
-8.6%
0.1%
17%
-22%
11%
22%
15%
15%
30%
41%

United States Antimony Corporation · UAMY

-5.5%
1.2%
22%
10%
2.5%
-60%
3.6%
-8.7%
-18%
-306%
-15%
1.5%
-35%
-19%
5.1%
0.2%
-57%
-30%
-111%

USA Rare Earth, Inc. · USAR

-644%

Vale S.A. · VALE

50%
27%
61%
39%
29%
29%
34%
30%
31%
40%
29%
39%
39%
7.8%
22%
23%
27%
-6.3%
26%

Margin change · reported quarter history

Showing the 12 largest of 13 companies with a series here. The remaining 1 are complete in the plain-text rendition and the trace payload — nothing is dropped from the data, only from this grid.

Almonty Industries Inc. · ALM

+13.7 pp
−42.3 pp
+13.4 pp
−3.0 pp
−23.9 pp
+77.4 pp
−19.5 pp
−3.0 pp
+23.1 pp
−15.0 pp
+0.8 pp
−57.4 pp
−153.2 pp
−4.6 pp
−81.5 pp
+87.5 pp

Americas Gold and Silver Corporation · USAS

+131.1 pp
+114.8 pp
+39.3 pp
−18.9 pp
+16.0 pp
+3.8 pp
+26.7 pp
−24.8 pp
+25.1 pp
+14.7 pp
−26.6 pp
+0.4 pp
−41.8 pp
+26.4 pp
+34.8 pp
+87.3 pp

Compass Minerals International, Inc. · CMP

−2.1 pp
+1.4 pp
+1.7 pp
+7.2 pp
+1.3 pp
−1.5 pp
−23.6 pp
−22.5 pp
+3.2 pp
−15.2 pp
+15.9 pp
+10.2 pp
+4.5 pp
+19.6 pp
+9.0 pp
+13.0 pp

Ferroglobe PLC · GSM

+29.6 pp
+23.4 pp
−3.2 pp
−18.4 pp
−17.8 pp
−7.9 pp
−2.8 pp
−10.4 pp
−3.9 pp
−8.7 pp
−17.3 pp
−18.8 pp
−7.6 pp
−10.0 pp
−12.2 pp
+15.9 pp

Materion Corporation · MTRN

+1.6 pp
+3.5 pp
+4.5 pp
+1.9 pp
−2.4 pp
−2.5 pp
−1.4 pp
−1.9 pp
−15.4 pp
+0.7 pp
+1.0 pp
+0.7 pp
+11.0 pp
−3.4 pp

MP Materials Corp. · MP

+22.3 pp
+9.4 pp
−14.3 pp
−34.8 pp
−65.9 pp
−97.0 pp
−128.2 pp
−101.0 pp
−171.9 pp
−29.4 pp
+9.5 pp
+9.4 pp
+94.6 pp
−62.4 pp
−31.7 pp
−16.0 pp

Nexa Resources S.A. · NEXA

+4.1 pp
−7.8 pp
−15.4 pp
−10.6 pp
−47.3 pp
−6.1 pp
−6.9 pp
+2.1 pp
+21.1 pp
+12.5 pp
+28.7 pp
0.0 pp
+5.8 pp
+11.4 pp
+6.4 pp
+14.8 pp

Santacruz Silver Mining Ltd. · SCZM

+16.8 pp
−56.4 pp
+63.8 pp
−5.6 pp
−8.4 pp
+52.6 pp
−39.4 pp
−20.4 pp
+5.5 pp
+12.7 pp
+57.0 pp
+41.5 pp
+14.5 pp
+4.2 pp
+3.0 pp
−5.3 pp

Sigma Lithium Corporation · SGML

−100.6 pp
+15.1 pp
−131.6 pp
+43.1 pp
+18.4 pp

Teck Resources Limited · TECK

+29.2 pp
−8.8 pp
−34.2 pp
−4.9 pp
−20.3 pp
−29.3 pp
−27.4 pp
−48.9 pp
−12.7 pp
−21.8 pp
+19.5 pp
+21.8 pp
−1.9 pp
+37.2 pp
+19.2 pp
+19.3 pp

United States Antimony Corporation · UAMY

+20.4 pp
+8.0 pp
−61.1 pp
−18.2 pp
−18.9 pp
−20.1 pp
−246.0 pp
−18.9 pp
+10.2 pp
−17.0 pp
+286.6 pp
+20.4 pp
−1.3 pp
−21.9 pp
−10.8 pp
−115.9 pp

Vale S.A. · VALE

−23.8 pp
−21.7 pp
+2.2 pp
−26.8 pp
−8.8 pp
+2.4 pp
+10.4 pp
−5.3 pp
+9.4 pp
+7.6 pp
−31.9 pp
−6.7 pp
−16.3 pp
−11.7 pp
−14.1 pp
+3.5 pp
03 · compare level, then change

Profit Scale & Acceleration

Vale S.A. has the highest Net profit among the 30 Other Industrial Metals & Mining companies compared here, at $2,589 million. Nexa Resources S.A. is next at $312 million. Santacruz Silver Mining Ltd. has the highest Profit growth at 46.3%, so level and change sit with different companies. Its Net profit series carries 19 reported observations across the 20-quarter window.

What the numbers say: Vale S.A. leads with $2,589 million of TTM profit, 729.8% above Nexa Resources S.A.. Santacruz Silver Mining Ltd. shows 46.3% growth from a $60 million profit base. Compare the size of the base and persistence before ranking acceleration above profit scale.

LeaderVale S.A. · $2,589 million
Gap729.8% versus #2 · Nexa Resources S.A.
Persistence3/8 recent comparable periods
Coverage22/30 companies · 487 observations

Investor read: Vale S.A. sets the level benchmark; use the change leader as an inflection watch only after another comparable report confirms it.

This conclusion weakens if: The next two comparable reports reverse the current profit growth signal.

Net profit is the residual after operating costs, interest and tax. Growth off a loss or near-zero base is excluded from the fastest-grower rank.
Net profitlargest
1Vale S.A. VALE$2.6B
2Nexa Resources S.A. NEXA$312M
3Santacruz Silver Mining Ltd. SCZM$60M
4Almonty Industries Inc. ALM$41M
5Compass Minerals International, Inc. CMP$8M
Profit growthfastest growers
1Santacruz Silver Mining Ltd. SCZM46%
2Vale S.A. VALE-55%
3USA Rare Earth, Inc. USAR-1,061%
Net profit · company comparison
22/30 level · 3/30 change

Solid lines show level; dotted lines show change when “Both” is selected. Missing reports break the line rather than being invented.

All-company data · latest reported quarter

Each figure is the company’s latest single reported quarter. The rankings above use trailing-twelve-month or current-market values, so a company can legitimately show a different number in each.

CompanyNet profitProfit growthReported
BHP Group Limited BHP$7.1B35%Dec 2025
Rio Tinto Group RIO$5.7B0.5%Dec 2025
Vale S.A. VALE$1.9B39%Mar 2026
Teck Resources Limited TECK$809M158%Jun 2026
Nexa Resources S.A. NEXA$118M307%Mar 2026
Elevra Lithium Limited ELVR$74MDec 2025
Santacruz Silver Mining Ltd. SCZM$28M211%Mar 2026
Northern Dynasty Minerals Ltd. NAK$21MMar 2026
Materion Corporation MTRN$19M-24%Jun 2026
Compass Minerals International, Inc. CMP$13M-4,900%Mar 2026
Sigma Lithium Corporation SGML$11M120%Mar 2026
Americas Gold and Silver Corporation USAS$10MMar 2026
Lithium Argentina AG LAR$7M-300%Mar 2026
Lithium Americas Corp. LAC$5M-164%Mar 2026
NioCorp Developments Ltd. NB$0M-120%Mar 2026
Trilogy Metals Inc. TMQ$-2MJun 2026
Standard Lithium Ltd. SLI$-3M-160%Mar 2026
Almonty Industries Inc. ALM$-5M-150%Mar 2026
Ferroglobe PLC GSM$-7M-168%Mar 2026
MP Materials Corp. MP$-8M-244%Mar 2026
United States Antimony Corporation UAMY$-11M-1,200%Mar 2026
TMC the metals company Inc. TMC$-21MMar 2026
Blue Moon Metals Inc. BMM$-34MMar 2026
IperionX Limited IPX$-35MMar 2026
USA Rare Earth, Inc. USAR$-68M-231%Mar 2026
REalloys Inc. ALOY$-97MMar 2026
Skeena Resources Limited SKE$-104MMar 2026
Critical Metals Corp. CRML$-120MDec 2025
Vizsla Silver Corp. VZLA$-153M-75%Jun 2026
Evolution Metals & Technologies Corp. EMAT$-440MMar 2026
Full 20-quarter history · every available company

Net profit · reported quarter history

Showing the 12 largest of 30 companies with a series here. The remaining 18 are complete in the plain-text rendition and the trace payload — nothing is dropped from the data, only from this grid.

Almonty Industries Inc. · ALM

$-5M
$2M
$-2M
$-2M
$-9M
$-1M
$-2M
$-1M
$-2M
$-3M
$-4M
$-2M
$-5M
$-3M
$-35M
$-58M
$33M
$71M
$-5M

BHP Group Limited · BHP

$9.5B
$12.9B
$7.1B
$6.9B
$1.7B
$7.9B
$5.3B
$5.9B
$7.1B

Evolution Metals & Technologies Corp. · EMAT

$0M
$-3M
$-44M
$-17M
$-18M
$-40M
$-12M
$-548M
$-440M

Materion Corporation · MTRN

$18M
$18M
$14M
$23M
$29M
$26M
$24M
$27M
$19M
$13M
$19M
$22M
$-49M
$18M
$25M
$25M
$7M
$19M

MP Materials Corp. · MP

$43M
$49M
$86M
$73M
$63M
$67M
$37M
$7M
$-4M
$-16M
$16M
$-34M
$-26M
$-22M
$-23M
$-31M
$-42M
$9M
$-8M

Nexa Resources S.A. · NEXA

$-9M
$11M
$74M
$124M
$-40M
$-81M
$-15M
$-103M
$-64M
$-109M
$-12M
$-70M
$6M
$-111M
$29M
$13M
$100M
$81M
$118M

Rio Tinto Group · RIO

$9.4B
$3.6B
$4.9B
$5.0B
$5.9B
$5.7B
$4.5B
$5.7B

Skeena Resources Limited · SKE

$-29M
$-32M
$-19M
$-25M
$-29M
$-26M
$-17M
$-19M
$-40M
$-34M
$-27M
$-35M
$-85M
$-5M
$-38M
$-39M
$-37M
$-72M
$-104M

Teck Resources Limited · TECK

$840M
$1.5B
$1.6B
$1.7B
$-222M
$276M
$1.2B
$469M
$268M
$396M
$432M
$385M
$-792M
$258M
$313M
$101M
$133M
$525M
$809M

TMC the metals company Inc. · TMC

$-37M
$-20M
$-21M
$-12M
$-28M
$-109M
$-14M
$-14M
$-12M
$-33M
$-25M
$-20M
$-21M
$-16M
$-21M
$-74M
$-184M
$-40M
$-21M

USA Rare Earth, Inc. · USAR

$1M
$3M
$-5M
$-3M
$-2M
$-6M
$52M
$-143M
$-157M
$-26M
$-68M

Vale S.A. · VALE

$3.8B
$5.5B
$4.5B
$6.2B
$4.3B
$3.7B
$1.9B
$992M
$2.8B
$2.4B
$1.7B
$2.8B
$2.4B
$-872M
$1.4B
$2.1B
$2.8B
$-4.2B
$1.9B

Profit growth · reported quarter history

Showing the 12 largest of 19 companies with a series here. The remaining 7 are complete in the plain-text rendition and the trace payload — nothing is dropped from the data, only from this grid.

Almonty Industries Inc. · ALM

-150%

BHP Group Limited · BHP

90%
49%
-25%
-46%
-76%
15%
210%
-26%
35%

Compass Minerals International, Inc. · CMP

-100%
-222%
-4,900%

Materion Corporation · MTRN

28%
61%
71%
17%
-34%
-50%
-21%
-19%
-358%
38%
32%
14%
-24%

MP Materials Corp. · MP

170%
47%
37%
-57%
-90%
-106%
-124%
-57%
-586%
-244%

Nexa Resources S.A. · NEXA

1.6%
-836%
-120%
-183%
1,567%
307%

Rio Tinto Group · RIO

-48%
39%
19%
14%
-23%
0.5%

Sigma Lithium Corporation · SGML

-169%
-156%
120%

Teck Resources Limited · TECK

548%
-126%
-82%
-25%
-72%
43%
-63%
-18%
-396%
-35%
-28%
-74%
103%
158%

USA Rare Earth, Inc. · USAR

-400%
-167%
-231%

Vale S.A. · VALE

-23%
14%
-32%
-58%
-84%
-35%
-35%
-12%
179%
-12%
-136%
-16%
-23%
13%
39%

Vizsla Silver Corp. · VZLA

700%
-75%
04 · compare level, then change

Capacity Spending & Returns On It

Rio Tinto Group has the highest CAPEX among the 30 Other Industrial Metals & Mining companies compared here, at $7,601 million. BHP Group Limited is next at $5,096 million. USA Rare Earth, Inc. has the highest CAPEX intensity at 650%, so level and change sit with different companies. Its CAPEX series carries 8 reported observations across the 20-quarter window.

What the numbers say: Rio Tinto Group reports $7,601 million of CAPEX; USA Rare Earth, Inc. has the highest covered intensity at 650%. Coverage is only 29 of 30 companies and 379 reported observations, so this is partial evidence—not a complete sector rank.

LeaderRio Tinto Group · $7,601 million
Gap49.2% versus #2 · BHP Group Limited
Persistence8/8 recent comparable periods
Coverage29/30 companies · 379 observations

Investor read: Use the CAPEX rank as a diligence queue. Verify commissioning, utilization, cash conversion and post-investment ROCE before treating spend as value creation.

This conclusion weakens if: CAPEX rises without higher utilization, operating cash flow or incremental returns.

CAPEX is cash spent on property, plant, equipment and other reported capital assets. CAPEX intensity divides that spend by revenue; high intensity is a reinvestment signal, not proof that the reinvestment will earn attractive returns.
CAPEXlargest spenders
1Rio Tinto Group RIO · older report$7.6B
2BHP Group Limited BHP · older report$5.1B
3Vale S.A. VALE$1.2B
4Teck Resources Limited TECK$777M
5Lithium Americas Corp. LAC$299M
CAPEX intensityhighest reinvestment intensity
1USA Rare Earth, Inc. USAR650%
2United States Antimony Corporation UAMY186%
3Almonty Industries Inc. ALM88%
4MP Materials Corp. MP85%
5Americas Gold and Silver Corporation USAS34%
Capital expenditure · company comparison
29/30 level · 18/30 change

Solid lines show level; dotted lines show change when “Both” is selected. Missing reports break the line rather than being invented.

All-company data · latest reported quarter

Each figure is the company’s latest single reported quarter. The rankings above use trailing-twelve-month or current-market values, so a company can legitimately show a different number in each.

CompanyCAPEXCAPEX intensityReported
Rio Tinto Group RIO$7.6B25%Dec 2025
BHP Group Limited BHP$5.1B18%Dec 2025
Vale S.A. VALE$1.2B13%Mar 2026
Teck Resources Limited TECK$777M24%Jun 2026
Lithium Americas Corp. LAC$299MMar 2026
MP Materials Corp. MP$77M85%Mar 2026
Skeena Resources Limited SKE$72MMar 2026
Nexa Resources S.A. NEXA$72M8.1%Mar 2026
USA Rare Earth, Inc. USAR$39M650%Mar 2026
Americas Gold and Silver Corporation USAS$23M34%Mar 2026
Almonty Industries Inc. ALM$22M88%Mar 2026
Compass Minerals International, Inc. CMP$18M4.0%Mar 2026
Elevra Lithium Limited ELVR$16M19%Dec 2025
Materion Corporation MTRN$15M2.7%Jun 2026
IperionX Limited IPX$15MMar 2026
NioCorp Developments Ltd. NB$14MMar 2026
United States Antimony Corporation UAMY$13M186%Mar 2026
Ferroglobe PLC GSM$10M2.9%Mar 2026
Santacruz Silver Mining Ltd. SCZM$10M7.8%Mar 2026
Sigma Lithium Corporation SGML$3M7.1%Mar 2026
Evolution Metals & Technologies Corp. EMAT$0M0.0%Mar 2026
TMC the metals company Inc. TMC$0MMar 2026
Vizsla Silver Corp. VZLA$0MJun 2026
Lithium Argentina AG LAR$0MMar 2026
Critical Metals Corp. CRML$0MDec 2025
Northern Dynasty Minerals Ltd. NAK$0MMar 2026
Blue Moon Metals Inc. BMM$0MMar 2026
REalloys Inc. ALOY$0M0.0%Mar 2026
Standard Lithium Ltd. SLI$0MMar 2026
Full 20-quarter history · every available company

CAPEX · reported quarter history

Showing the 12 largest of 29 companies with a series here. The remaining 17 are complete in the plain-text rendition and the trace payload — nothing is dropped from the data, only from this grid.

Almonty Industries Inc. · ALM

$2M
$4M
$2M
$4M
$10M
$7M
$3M
$6M
$5M
$3M
$7M
$9M
$7M
$13M
$8M
$7M
$36M
$10M
$22M

BHP Group Limited · BHP

$2.8B
$3.2B
$2.9B
$4.1B
$4.6B
$4.3B
$5.0B
$4.4B
$5.1B

Evolution Metals & Technologies Corp. · EMAT

$0M

Materion Corporation · MTRN

$26M
$20M
$19M
$19M
$23M
$30M
$29M
$26M
$25M
$21M
$17M
$12M
$18M
$12M
$13M
$14M
$15M
$15M

MP Materials Corp. · MP

$42M
$37M
$55M
$68M
$92M
$112M
$74M
$56M
$59M
$73M
$52M
$46M
$46M
$42M
$30M
$29M
$50M
$62M
$77M

Nexa Resources S.A. · NEXA

$137M
$159M
$83M
$98M
$85M
$116M
$57M
$60M
$83M
$111M
$74M
$64M
$53M
$50M
$87M
$90M
$125M
$72M

Rio Tinto Group · RIO

$3.1B
$3.6B
$3.0B
$4.1B
$4.0B
$5.6B
$4.7B
$7.6B

Skeena Resources Limited · SKE

$1M
$5M
$0M
$0M
$0M
$1M
$0M
$0M
$3M
$5M
$2M
$0M
$0M
$0M
$29M
$64M
$92M
$109M
$72M

Teck Resources Limited · TECK

$1.2B
$1.1B
$1.3B
$1.3B
$1.8B
$1.6B
$1.0B
$871M
$729M
$775M
$627M
$504M
$393M
$403M
$536M
$730M
$777M

TMC the metals company Inc. · TMC

$0M
$0M
$0M
$0M
$1M
$0M
$0M
$0M
$0M
$0M
$0M
$0M
$0M
$0M
$0M
$0M
$0M
$0M

USA Rare Earth, Inc. · USAR

$1M
$1M
$1M
$3M
$3M
$7M
$24M
$39M

Vale S.A. · VALE

$1.2B
$1.8B
$1.1B
$1.3B
$1.2B
$1.8B
$1.1B
$1.2B
$1.5B
$2.1B
$1.4B
$1.3B
$1.4B
$2.2B
$1.3B
$1.2B
$1.4B
$2.2B
$1.2B

CAPEX intensity · reported quarter history

Showing the 12 largest of 18 companies with a series here. The remaining 6 are complete in the plain-text rendition and the trace payload — nothing is dropped from the data, only from this grid.

Almonty Industries Inc. · ALM

40%
67%
33%
57%
200%
100%
43%
100%
125%
60%
88%
113%
100%
217%
100%
100%
400%
111%
88%

Americas Gold and Silver Corporation · USAS

36%
29%
12%
20%
33%
30%
27%
25%
22%
16%
24%
15%
18%
21%
33%
37%
36%
108%
34%

BHP Group Limited · BHP

9.2%
9.4%
11%
14%
17%
15%
20%
17%
18%

Compass Minerals International, Inc. · CMP

4.5%
6.5%
12%
11%
5.7%
5.8%
17%
30%
14%
8.2%
7.4%
10%
7.2%
2.8%
8.4%
7.0%
5.8%
4.0%

Evolution Metals & Technologies Corp. · EMAT

0.0%

Materion Corporation · MTRN

7.0%
5.2%
4.2%
4.3%
5.3%
6.8%
7.3%
6.5%
5.9%
5.5%
4.0%
2.7%
4.1%
2.9%
3.0%
3.1%
3.1%
2.7%

MP Materials Corp. · MP

42%
37%
33%
47%
74%
120%
77%
88%
111%
178%
106%
148%
73%
69%
49%
51%
93%
117%
85%

Nexa Resources S.A. · NEXA

21%
24%
12%
12%
12%
15%
8.5%
9.6%
13%
18%
13%
8.7%
7.5%
8.0%
12%
12%
14%
8.1%

Rio Tinto Group · RIO

11%
14%
11%
15%
15%
21%
18%
25%

Teck Resources Limited · TECK

31%
23%
25%
31%
56%
42%
52%
47%
45%
43%
22%
18%
17%
20%
16%
24%

USA Rare Earth, Inc. · USAR

650%

Vale S.A. · VALE

9.7%
13%
11%
12%
12%
15%
13%
12%
14%
16%
17%
13%
14%
22%
16%
13%
13%
20%
13%
Annual capital allocation · 9-year view
29/30 capacity base · 30/30 OCF · 28/30 CAPEX · 29/30 FCF

Capacity base is net fixed assets plus capital work in progress, straight off the reported balance sheet. It is not cash spent, so it answers a narrower question than CAPEX — but it is reported for companies whose cash-flow CAPEX is not published, which is why it leads here. Missing years remain blank; annual values are never relabelled as quarters.

Full annual capacity base, operating cash flow, CAPEX and free cash flow history

Capacity base · net fixed assets + CWIP · fiscal-year history

Showing the 12 largest of 29 companies with a series here. The remaining 17 are complete in the plain-text rendition and the trace payload — nothing is dropped from the data, only from this grid.

Almonty Industries Inc. · ALM

$110M
$139M
$166M
$202M
$266M

BHP Group Limited · BHP

$73.8B
$61.3B
$71.8B
$71.6B
$76.5B

Materion Corporation · MTRN

$472M
$513M
$572M
$575M
$597M

MP Materials Corp. · MP

$611M
$936M
$1.2B
$1.3B
$1.4B

Nexa Resources S.A. · NEXA

$2.1B
$2.3B
$2.5B
$2.2B
$2.5B

Rio Tinto Group · RIO

$64.9B
$64.7B
$66.5B
$68.6B
$84.3B

Skeena Resources Limited · SKE

$19M
$20M
$33M
$144M
$560M

Teck Resources Limited · TECK

$37.4B
$40.1B
$45.6B
$30.6B
$29.7B

TMC the metals company Inc. · TMC

$1M
$2M
$7M
$5M
$2M

USA Rare Earth, Inc. · USAR

$27M
$87M

Vale S.A. · VALE

$41.9B
$44.9B
$48.4B
$40.0B
$43.6B

Operating cash flow · fiscal-year history

Showing the 12 largest of 30 companies with a series here. The remaining 18 are complete in the plain-text rendition and the trace payload — nothing is dropped from the data, only from this grid.

Almonty Industries Inc. · ALM

$-8M
$-4M
$-12M
$-7M
$-19M

BHP Group Limited · BHP

$27.2B
$32.2B
$18.7B
$20.7B
$18.7B

Evolution Metals & Technologies Corp. · EMAT

$-3M
$-9M

Materion Corporation · MTRN

$90M
$116M
$144M
$88M
$103M

MP Materials Corp. · MP

$102M
$344M
$63M
$13M
$-156M

Nexa Resources S.A. · NEXA

$493M
$269M
$256M
$351M
$365M

Rio Tinto Group · RIO

$25.3B
$16.1B
$15.2B
$15.6B
$16.8B

Skeena Resources Limited · SKE

$-124M
$-93M
$-91M
$-128M
$-57M

Teck Resources Limited · TECK

$4.7B
$8.0B
$4.1B
$2.8B
$1.5B

TMC the metals company Inc. · TMC

$-56M
$-67M
$-60M
$-43M
$-43M

USA Rare Earth, Inc. · USAR

$-22M
$-13M
$-49M

Vale S.A. · VALE

$25.7B
$11.5B
$13.2B
$1.5B
$1.6B

CAPEX · reported cash flow · fiscal-year history

Showing the 12 largest of 28 companies with a series here. The remaining 16 are complete in the plain-text rendition and the trace payload — nothing is dropped from the data, only from this grid.

Almonty Industries Inc. · ALM

$10M
$23M
$17M
$36M
$61M

BHP Group Limited · BHP

$5.7B
$5.9B
$6.8B
$8.9B
$9.4B

Materion Corporation · MTRN

$103M
$78M
$111M
$69M
$53M

MP Materials Corp. · MP

$124M
$327M
$262M
$186M
$172M

Nexa Resources S.A. · NEXA

$485M
$382M
$310M
$259M
$352M

Rio Tinto Group · RIO

$7.4B
$6.8B
$7.1B
$9.6B
$12.3B

Skeena Resources Limited · SKE

$11M
$1M
$9M
$2M
$294M

Teck Resources Limited · TECK

$4.6B
$5.5B
$4.3B
$2.6B
$2.1B

TMC the metals company Inc. · TMC

$0M
$1M
$1M
$1M
$0M

USA Rare Earth, Inc. · USAR

$6M
$3M
$37M

Vale S.A. · VALE

$5.0B
$5.4B
$5.9B
$1.0B
$1.1B

Free cash flow · fiscal-year history

Showing the 12 largest of 29 companies with a series here. The remaining 17 are complete in the plain-text rendition and the trace payload — nothing is dropped from the data, only from this grid.

Almonty Industries Inc. · ALM

$-18M
$-27M
$-29M
$-44M
$-80M

BHP Group Limited · BHP

$21.6B
$26.3B
$11.9B
$11.8B
$9.2B

Materion Corporation · MTRN

$-13M
$38M
$34M
$19M
$50M

MP Materials Corp. · MP

$-22M
$17M
$-199M
$-173M
$-328M

Nexa Resources S.A. · NEXA

$8M
$-114M
$-54M
$92M
$13M

Rio Tinto Group · RIO

$18.0B
$9.4B
$8.1B
$6.0B
$4.5B

Skeena Resources Limited · SKE

$-136M
$-95M
$-99M
$-130M
$-352M

Teck Resources Limited · TECK

$105M
$2.5B
$-256M
$155M
$-583M

TMC the metals company Inc. · TMC

$-56M
$-68M
$-60M
$-44M
$-43M

USA Rare Earth, Inc. · USAR

$-28M
$-16M
$-86M

Vale S.A. · VALE

$20.6B
$6.0B
$7.2B
$472M
$507M
05 · compare level, then change

Debt Load & Balance-Sheet Headroom

Lithium Argentina AG has the lowest Gross debt among the 30 Other Industrial Metals & Mining companies compared here, at $0 million. USA Rare Earth, Inc. has the lowest Net debt at $1,749 million net cash, so level and change sit with different companies. 25 of 30 companies report a comparable reading, the latest through Mar 2026.

What the numbers say: USA Rare Earth, Inc. has the clearest covered balance-sheet capacity with $1,749 million net cash and gross debt of $1 million. Absolute debt alone does not identify the strongest balance sheet because company scale differs; net debt and debt-to-equity carry more information.

LeaderLithium Argentina AG · $0 million
Gapnull versus #2 · NioCorp Developments Ltd.
Persistence8/8 recent comparable periods
Coverage25/30 companies · 449 observations

Investor read: Prioritize net-cash capacity and leverage relative to operating scale, not the smallest absolute rupee debt.

This conclusion weakens if: Net debt rises faster than revenue and profit for two consecutive reported periods.

Gross debt shows contractual borrowings. Net debt subtracts reported cash; a negative value means net cash. Lower debt can create capacity, but should be read against the scale and capital intensity of the business.
Gross debtlowest gross debt
1Lithium Argentina AG LAR$0M
2NioCorp Developments Ltd. NB$0M
3Standard Lithium Ltd. SLI$0M
4TMC the metals company Inc. TMC$0M
5Trilogy Metals Inc. TMQ$0M
Net debtlowest net debt
1USA Rare Earth, Inc. USAR$-1.7B
2MP Materials Corp. MP$-738M
3NioCorp Developments Ltd. NB$-419M
4Vizsla Silver Corp. VZLA$-258M
5Standard Lithium Ltd. SLI$-141M
Debt and balance-sheet capacity · company comparison
25/30 level · 25/30 change

Solid lines show level; dotted lines show change when “Both” is selected. Missing reports break the line rather than being invented.

All-company data · latest reported quarter

Each figure is the company’s latest single reported quarter. The rankings above use trailing-twelve-month or current-market values, so a company can legitimately show a different number in each.

CompanyGross debtNet debtReported
Vale S.A. VALE$21.3B$16.1BMar 2026
Teck Resources Limited TECK$9.8B$3.7BJun 2026
Nexa Resources S.A. NEXA$1.9B$1.5BMar 2026
MP Materials Corp. MP$1.0B$-738MMar 2026
Lithium Americas Corp. LAC$875M$116MMar 2026
Compass Minerals International, Inc. CMP$725M$651MMar 2026
Materion Corporation MTRN$562M$546MJun 2026
Vizsla Silver Corp. VZLA$322M$-258MJun 2026
Ferroglobe PLC GSM$272M$176MMar 2026
Almonty Industries Inc. ALM$165M$-95MMar 2026
Sigma Lithium Corporation SGML$137M$133MMar 2026
Skeena Resources Limited SKE$65M$22MMar 2026
Americas Gold and Silver Corporation USAS$54M$-68MMar 2026
Santacruz Silver Mining Ltd. SCZM$49M$-10MMar 2026
Blue Moon Metals Inc. BMM$16M$-26MMar 2026
Evolution Metals & Technologies Corp. EMAT$11M$6MMar 2026
Northern Dynasty Minerals Ltd. NAK$3M$-49MMar 2026
USA Rare Earth, Inc. USAR$1M$-1.7BMar 2026
REalloys Inc. ALOY$1M$-42MMar 2026
TMC the metals company Inc. TMC$0M$-120MMar 2026
Lithium Argentina AG LAR$0M$-97MMar 2026
United States Antimony Corporation UAMY$0M$-8MMar 2026
NioCorp Developments Ltd. NB$0M$-419MMar 2026
Trilogy Metals Inc. TMQ$0M$-39MJun 2026
Standard Lithium Ltd. SLI$0M$-141MMar 2026
Full 20-quarter history · every available company

Gross debt · reported quarter history

Showing the 12 largest of 25 companies with a series here. The remaining 13 are complete in the plain-text rendition and the trace payload — nothing is dropped from the data, only from this grid.

Almonty Industries Inc. · ALM

$64M
$68M
$69M
$68M
$76M
$89M
$87M
$94M
$111M
$130M
$129M
$133M
$150M
$157M
$172M
$193M
$197M
$162M
$165M

Americas Gold and Silver Corporation · USAS

$17M
$20M
$14M
$13M
$12M
$12M
$15M
$20M
$18M
$22M
$21M
$20M
$27M
$22M
$12M
$60M
$60M
$56M
$54M

Compass Minerals International, Inc. · CMP

$935M
$1.0B
$922M
$886M
$948M
$832M
$826M
$721M
$805M
$914M
$877M
$875M
$934M
$974M
$808M
$841M
$848M
$897M
$725M

Evolution Metals & Technologies Corp. · EMAT

$0M
$11M

Materion Corporation · MTRN

$131M
$149M
$575M
$574M
$505M
$505M
$510M
$528M
$126M
$548M
$556M
$565M
$517M
$537M
$511M
$532M
$533M
$562M

MP Materials Corp. · MP

$706M
$691M
$676M
$677M
$678M
$678M
$679M
$688M
$689M
$689M
$942M
$943M
$944M
$909M
$916M
$917M
$997M
$999M
$1.0B

Nexa Resources S.A. · NEXA

$1.7B
$1.7B
$1.7B
$1.7B
$1.7B
$1.7B
$1.7B
$1.7B
$1.7B
$1.8B
$1.8B
$1.9B
$1.9B
$1.9B
$1.9B
$1.9B
$2.0B
$1.8B
$1.9B

Skeena Resources Limited · SKE

$2M
$1M
$1M
$1M
$1M
$4M
$3M
$3M
$3M
$32M
$33M
$17M
$17M
$14M
$16M
$42M
$62M
$63M
$65M

Teck Resources Limited · TECK

$9.1B
$9.3B
$9.4B
$9.2B
$9.9B
$10.0B
$10.2B
$10.2B
$10.7B
$11.1B
$11.5B
$11.7B
$9.4B
$10.0B
$9.9B
$9.4B
$9.6B
$9.6B
$9.6B
$9.8B

TMC the metals company Inc. · TMC

$0M
$0M
$0M
$0M
$0M
$0M
$0M
$0M
$0M
$0M
$0M
$6M
$9M
$12M
$10M
$2M
$0M
$0M
$0M

USA Rare Earth, Inc. · USAR

$0M
$0M
$0M
$0M
$0M
$1M
$1M
$1M
$1M
$1M
$3M
$1M

Vale S.A. · VALE

$13.6B
$13.8B
$13.0B
$12.6B
$12.2B
$12.7B
$13.0B
$13.9B
$14.0B
$13.9B
$14.7B
$15.0B
$14.2B
$0M
$16.3B
$17.8B
$21.1B
$21.2B
$21.3B

Net debt · reported quarter history

Showing the 12 largest of 25 companies with a series here. The remaining 13 are complete in the plain-text rendition and the trace payload — nothing is dropped from the data, only from this grid.

Almonty Industries Inc. · ALM

$62M
$67M
$68M
$66M
$72M
$81M
$81M
$88M
$100M
$108M
$112M
$125M
$137M
$149M
$155M
$168M
$85M
$-106M
$-95M

Americas Gold and Silver Corporation · USAS

$14M
$17M
$7M
$4M
$10M
$10M
$12M
$18M
$17M
$20M
$17M
$16M
$20M
$2M
$3M
$-2M
$21M
$-74M
$-68M

Compass Minerals International, Inc. · CMP

$917M
$985M
$877M
$839M
$902M
$686M
$576M
$663M
$766M
$876M
$839M
$862M
$914M
$928M
$758M
$762M
$788M
$850M
$651M

Evolution Metals & Technologies Corp. · EMAT

$-12M
$6M

Materion Corporation · MTRN

$107M
$131M
$555M
$542M
$492M
$490M
$493M
$512M
$113M
$535M
$539M
$547M
$500M
$521M
$498M
$516M
$519M
$546M

MP Materials Corp. · MP

$-473M
$-488M
$-557M
$-587M
$-586M
$-504M
$-490M
$-440M
$-396M
$-309M
$-5M
$6M
$78M
$58M
$157M
$163M
$-943M
$-831M
$-738M

Nexa Resources S.A. · NEXA

$910M
$956M
$1.1B
$1.1B
$1.1B
$1.2B
$1.3B
$1.3B
$1.2B
$1.3B
$1.4B
$1.4B
$1.4B
$1.2B
$1.5B
$1.5B
$1.5B
$1.3B
$1.5B

Skeena Resources Limited · SKE

$-42M
$-40M
$-56M
$-36M
$-27M
$-39M
$-21M
$-72M
$-37M
$-61M
$-27M
$-111M
$-69M
$-84M
$-94M
$-66M
$-91M
$-89M
$22M

Teck Resources Limited · TECK

$8.7B
$7.9B
$7.0B
$6.5B
$7.3B
$8.1B
$7.9B
$8.4B
$9.4B
$10.3B
$10.2B
$10.8B
$2.2B
$2.4B
$3.7B
$4.7B
$4.9B
$4.6B
$4.6B
$3.7B

TMC the metals company Inc. · TMC

$-113M
$-85M
$-69M
$-46M
$-67M
$-47M
$-28M
$-20M
$-23M
$-7M
$-4M
$6M
$9M
$9M
$8M
$-114M
$-116M
$-118M
$-120M

USA Rare Earth, Inc. · USAR

$-1M
$0M
$0M
$0M
$0M
$1M
$-16M
$-22M
$-121M
$-257M
$-357M
$-1.7B

Vale S.A. · VALE

$2.2B
$1.9B
$8.2B
$5.4B
$7.0B
$7.9B
$8.2B
$8.9B
$10.0B
$10.3B
$10.8B
$8.5B
$9.5B
$12.3B
$12.1B
$15.0B
$13.6B
$16.1B
06 · compare level, then change

Return On Capital Employed

Evolution Metals & Technologies Corp. has the highest ROCE among the 30 Other Industrial Metals & Mining companies compared here, at 276.6%. Santacruz Silver Mining Ltd. is next at 30.1%. The same company also holds the highest ROCE change, at +236.6 percentage points. 30 of 30 companies report a comparable reading, the latest through Mar 2026.

What the numbers say: Evolution Metals & Technologies Corp. leads ROCE at 276.6%, 246.5 percentage points above Santacruz Silver Mining Ltd.. Evolution Metals & Technologies Corp. has the strongest latest improvement at +236.6 percentage points. Read the leader beside the density of its reported history: a sparse high return is a candidate; a repeated high return is evidence of durability.

LeaderEvolution Metals & Technologies Corp. · 276.6%
Gap818.9% versus #2 · Santacruz Silver Mining Ltd.
Persistence1/3 recent comparable periods
Coverage30/30 companies · 524 observations

Investor read: Evolution Metals & Technologies Corp. sets the level benchmark; use the change leader as an inflection watch only after another comparable report confirms it.

This conclusion weakens if: The next two comparable reports reverse the current roce change signal.

ROCE asks how much operating return the business earns on the capital employed. Direction matters, but a single exceptional year should not be mistaken for durability.
ROCEhighest
1Evolution Metals & Technologies Corp. EMAT277%
2Santacruz Silver Mining Ltd. SCZM30%
3Elevra Lithium Limited ELVR · older report13%
4Americas Gold and Silver Corporation USAS12%
5Teck Resources Limited TECK11%
ROCE changefastest improvers
1Evolution Metals & Technologies Corp. EMAT+236.6 pp
2TMC the metals company Inc. TMC+44.8 pp
3Americas Gold and Silver Corporation USAS+20.4 pp
4NioCorp Developments Ltd. NB+17.0 pp
5IperionX Limited IPX+12.6 pp
Return on capital · company comparison
30/30 level · 30/30 change

Solid lines show level; dotted lines show change when “Both” is selected. Missing reports break the line rather than being invented.

All-company data · latest reported quarter

Each figure is the company’s latest single reported quarter. The rankings above use trailing-twelve-month or current-market values, so a company can legitimately show a different number in each.

CompanyROCEROCE changeReported
Evolution Metals & Technologies Corp. EMAT277%+236.6 ppMar 2026
Santacruz Silver Mining Ltd. SCZM30%+6.5 ppMar 2026
Elevra Lithium Limited ELVR13%−2.7 ppDec 2025
Americas Gold and Silver Corporation USAS12%+20.4 ppMar 2026
Teck Resources Limited TECK11%+6.9 ppJun 2026
Sigma Lithium Corporation SGML8.0%+5.3 ppMar 2026
BHP Group Limited BHP6.5%+1.2 ppDec 2025
Nexa Resources S.A. NEXA5.5%+4.0 ppMar 2026
Compass Minerals International, Inc. CMP4.8%+5.0 ppMar 2026
Rio Tinto Group RIO3.9%+0.5 ppDec 2025
Vale S.A. VALE3.3%+0.9 ppMar 2026
Materion Corporation MTRN1.8%−0.6 ppJun 2026
Lithium Argentina AG LAR1.2%+2.7 ppMar 2026
Almonty Industries Inc. ALM1.0%+3.8 ppMar 2026
IperionX Limited IPX0.0%+12.6 ppMar 2026
Lithium Americas Corp. LAC-0.6%+1.0 ppMar 2026
Ferroglobe PLC GSM-0.8%+4.3 ppMar 2026
Standard Lithium Ltd. SLI-0.9%+1.8 ppMar 2026
Trilogy Metals Inc. TMQ-1.7%−0.4 ppJun 2026
MP Materials Corp. MP-2.3%−0.7 ppMar 2026
Vizsla Silver Corp. VZLA-2.4%−0.9 ppJun 2026
NioCorp Developments Ltd. NB-3.1%+17.0 ppMar 2026
USA Rare Earth, Inc. USAR-3.4%+1.9 ppMar 2026
Skeena Resources Limited SKE-5.0%+0.2 ppMar 2026
United States Antimony Corporation UAMY-8.9%−10.1 ppMar 2026
Northern Dynasty Minerals Ltd. NAK-12%−5.9 ppMar 2026
Critical Metals Corp. CRML-15%+3.2 ppDec 2025
Blue Moon Metals Inc. BMM-16%−13.7 ppMar 2026
TMC the metals company Inc. TMC-49%+44.8 ppMar 2026
REalloys Inc. ALOY-156%−141.0 ppMar 2026
Full 20-quarter history · every available company

ROCE · reported quarter history

Showing the 12 largest of 30 companies with a series here. The remaining 18 are complete in the plain-text rendition and the trace payload — nothing is dropped from the data, only from this grid.

Almonty Industries Inc. · ALM

-2.7%
-2.1%
-0.5%
-0.5%
-3.7%
-1.2%
-0.7%
-1.4%
-0.7%
-1.5%
-0.8%
-0.5%
-1.4%
-1.4%
-2.8%
-5.1%
-1.1%
-3.0%
1.0%

BHP Group Limited · BHP

8.5%
8.5%
11%
11%
6.7%
6.7%
7.3%
7.3%
3.0%
3.0%
7.5%
7.5%
5.3%
5.3%
5.7%
5.7%
6.5%
6.5%

Evolution Metals & Technologies Corp. · EMAT

39%
48%
40%
29%
22%
2.6%
277%

Materion Corporation · MTRN

2.3%
1.6%
2.6%
2.7%
2.5%
2.4%
2.4%
1.9%
1.5%
2.1%
2.0%
-2.6%
1.8%
2.4%
2.2%
0.7%
1.8%

MP Materials Corp. · MP

5.1%
4.2%
6.3%
5.1%
4.1%
2.2%
1.6%
0.0%
-0.8%
-1.5%
-1.5%
-2.4%
-1.8%
-2.0%
-1.6%
-2.1%
-2.4%
-1.9%
-2.3%

Nexa Resources S.A. · NEXA

2.2%
1.7%
3.0%
5.8%
1.0%
-1.1%
1.1%
-2.9%
-0.1%
-2.0%
1.3%
0.5%
2.2%
3.3%
1.5%
1.6%
4.7%
5.6%
5.5%

Rio Tinto Group · RIO

0.0%
0.0%
4.5%
4.5%
8.3%
8.3%
4.2%
4.2%
4.7%
4.7%
3.4%
3.4%
3.5%
3.5%
3.9%
3.9%

Skeena Resources Limited · SKE

-36%
-30%
-19%
-20%
-26%
-19%
-12%
-13%
-30%
-22%
-19%
-17%
-36%
-30%
-5.2%
-5.2%
-4.2%
-3.5%
-5.0%

Teck Resources Limited · TECK

5.7%
9.9%
14%
14%
15%
12%
4.2%
2.6%
-0.2%
0.3%
1.2%
2.2%
3.4%
3.6%
3.8%
5.5%
11%

TMC the metals company Inc. · TMC

-17%
-37%
-8.0%
-9.6%
-26%
-139%
-16%
-18%
-16%
-73%
-51%
-55%
-55%
-71%
-94%
-31%
-83%
-68%
-49%

USA Rare Earth, Inc. · USAR

-0.1%
-0.2%
0.0%
-1.8%
-1.2%
-0.7%
-3.7%
-5.3%
-4.0%
-5.5%
-7.1%
-3.4%

Vale S.A. · VALE

8.5%
4.7%
8.8%
5.5%
4.0%
4.7%
3.9%
3.9%
4.4%
6.8%
3.2%
5.2%
5.0%
1.1%
2.4%
2.7%
3.8%
-1.0%
3.3%

ROCE change · reported quarter history

Showing the 12 largest of 30 companies with a series here. The remaining 18 are complete in the plain-text rendition and the trace payload — nothing is dropped from the data, only from this grid.

Almonty Industries Inc. · ALM

−1.0 pp
+0.9 pp
−0.2 pp
−0.9 pp
+3.0 pp
−0.3 pp
−0.1 pp
+0.9 pp
−0.7 pp
+0.1 pp
−2.0 pp
−4.6 pp
+0.3 pp
−1.6 pp
+3.8 pp

BHP Group Limited · BHP

−1.8 pp
−1.8 pp
−4.0 pp
−4.0 pp
−3.7 pp
−3.7 pp
+0.2 pp
+0.2 pp
+2.3 pp
+2.3 pp
−1.8 pp
−1.8 pp
+1.2 pp
+1.2 pp

Evolution Metals & Technologies Corp. · EMAT

−16.9 pp
−45.8 pp
+236.6 pp

Materion Corporation · MTRN

+0.4 pp
+0.8 pp
−0.2 pp
−0.8 pp
−1.0 pp
−0.3 pp
−0.4 pp
−4.5 pp
+0.3 pp
+0.3 pp
+0.2 pp
+3.3 pp
−0.6 pp

MP Materials Corp. · MP

−1.0 pp
−2.0 pp
−4.7 pp
−5.1 pp
−4.9 pp
−3.7 pp
−3.1 pp
−2.4 pp
−1.0 pp
−0.5 pp
−0.1 pp
+0.3 pp
−0.6 pp
+0.1 pp
−0.7 pp

Nexa Resources S.A. · NEXA

−1.2 pp
−2.8 pp
−1.9 pp
−8.7 pp
−1.1 pp
−0.9 pp
+0.2 pp
+3.4 pp
+2.3 pp
+5.3 pp
+0.2 pp
+1.1 pp
+2.5 pp
+2.3 pp
+4.0 pp

Rio Tinto Group · RIO

+4.5 pp
+4.5 pp
−0.3 pp
−0.3 pp
−3.6 pp
−3.6 pp
−0.8 pp
−0.8 pp
−1.2 pp
−1.2 pp
+0.5 pp
+0.5 pp

Skeena Resources Limited · SKE

+10.0 pp
+10.5 pp
+7.0 pp
+7.0 pp
−4.3 pp
−3.1 pp
−7.3 pp
−3.9 pp
−5.7 pp
−8.3 pp
+14.2 pp
+11.7 pp
+31.9 pp
+26.9 pp
+0.2 pp

Teck Resources Limited · TECK

+8.0 pp
+2.3 pp
−9.5 pp
−12.1 pp
−12.4 pp
−3.0 pp
−0.4 pp
+3.6 pp
+3.3 pp
+2.6 pp
+3.3 pp
+6.9 pp

TMC the metals company Inc. · TMC

−8.6 pp
−102.5 pp
−8.1 pp
−8.8 pp
+10.3 pp
+66.0 pp
−34.9 pp
−36.4 pp
−39.6 pp
+2.3 pp
−43.2 pp
+23.7 pp
−28.1 pp
+2.6 pp
+44.8 pp

USA Rare Earth, Inc. · USAR

−1.1 pp
−0.5 pp
−3.7 pp
−3.5 pp
−2.8 pp
−4.8 pp
−3.4 pp
+1.9 pp

Vale S.A. · VALE

−4.5 pp
0.0 pp
−4.9 pp
−1.6 pp
+0.4 pp
+2.1 pp
−0.7 pp
+1.3 pp
+0.6 pp
−5.7 pp
−0.8 pp
−2.5 pp
−1.2 pp
−2.1 pp
+0.9 pp
07 · compare level, then change

Valuation Against Growth & Quality

Vale S.A. has the lowest Guarded PEG among the 30 Other Industrial Metals & Mining companies compared here, at 0.18×. Santacruz Silver Mining Ltd. is next at 0.36×. Critical Metals Corp. has the lowest P/E at 0×, so level and change sit with different companies. 2 of 30 companies report a comparable reading, the latest through Mar 2026.

What the numbers say: Vale S.A. has the lowest comparable Guarded PEG at 0.18×, 50% below Santacruz Silver Mining Ltd.. Only 2 of 30 companies pass the guard, so no broad “cheapest stock” conclusion is defensible unless the current multiple, own-history position and growth durability agree.

LeaderVale S.A. · 0.18×
Gap50% versus #2 · Santacruz Silver Mining Ltd.
Persistence0/8 recent comparable periods
Coverage2/30 companies · 3 observations

Investor read: Treat valuation as permission to investigate, never as a standalone reason to buy.

This conclusion weakens if: The next two comparable reports reverse the current p/e signal.

PEG is shown only when earnings are positive and three-year EPS growth is between 5% and 60%. It is recomputed consistently as the trailing P/E divided by that growth rate — reported earnings, never an expected-earnings multiple. On Indian companies it is shown only where the two data sources reconciled. A missing PEG is more honest than a low-base fiction.
Guarded PEGlowest PEG
1Vale S.A. VALE0.2
2Santacruz Silver Mining Ltd. SCZM0.4
P/Elowest P/E
1Critical Metals Corp. CRML · older report0.0
2Lithium Argentina AG LAR0.4
3NioCorp Developments Ltd. NB3.6
4TMC the metals company Inc. TMC5.9
5Nexa Resources S.A. NEXA6.7
Valuation · company comparison
2/30 level · 20/30 change

Solid lines show level; dotted lines show change when “Both” is selected. Missing reports break the line rather than being invented.

All-company data · latest reported quarter

Each figure is the company’s latest single reported quarter. The rankings above use trailing-twelve-month or current-market values, so a company can legitimately show a different number in each.

CompanyGuarded PEGP/EReported
MP Materials Corp. MP1.3141.8Mar 2026
Santacruz Silver Mining Ltd. SCZM0.413.0Mar 2026
Vale S.A. VALE0.223.4Mar 2026
BHP Group Limited BHP15.0Dec 2025
Rio Tinto Group RIO13.2Dec 2025
Teck Resources Limited TECK16.6Jun 2026
Materion Corporation MTRN40.7Jun 2026
USA Rare Earth, Inc. USAR17.0Mar 2026
Nexa Resources S.A. NEXA6.7Mar 2026
TMC the metals company Inc. TMC5.9Mar 2026
Compass Minerals International, Inc. CMP155.7Mar 2026
Sigma Lithium Corporation SGML109.4Mar 2026
Lithium Argentina AG LAR0.4Mar 2026
Critical Metals Corp. CRML0.0Dec 2025
Northern Dynasty Minerals Ltd. NAK7.2Mar 2026
United States Antimony Corporation UAMY36.8Mar 2026
Ferroglobe PLC GSM31.7Mar 2026
NioCorp Developments Ltd. NB3.6Mar 2026
Blue Moon Metals Inc. BMM8.8Mar 2026
Standard Lithium Ltd. SLI13.2Mar 2026
Full 20-quarter history · every available company

Guarded PEG · reported quarter history

MP Materials Corp. · MP

1.3

Santacruz Silver Mining Ltd. · SCZM

0.4

Vale S.A. · VALE

0.2

P/E · reported quarter history

Showing the 12 largest of 20 companies with a series here. The remaining 8 are complete in the plain-text rendition and the trace payload — nothing is dropped from the data, only from this grid.

BHP Group Limited · BHP

8.6
8.1
7.3
4.6
4.3
5.6
7.9
11.7
14.2
23.4
19.2
18.4
16.4
10.9
12.1
13.6
14.7
15.0

Compass Minerals International, Inc. · CMP

64.4
17.4
46.2
283.3
111.8
155.7

Lithium Argentina AG · LAR

70.8
0.8
0.7
0.4
0.4

Materion Corporation · MTRN

23.6
25.9
20.0
21.1
24.7
24.2
20.3
28.4
33.0
28.8
31.7
353.1
170.2
103.5
127.1
34.7
40.7

MP Materials Corp. · MP

48.1
62.2
52.6
24.3
19.2
16.0
22.2
24.6
32.9
141.8

Nexa Resources S.A. · NEXA

6.2
9.1
8.0
5.1
5.2
15.9
8.9
6.7

Rio Tinto Group · RIO

5.7
5.2
6.7
5.6
5.9
9.4
10.7
12.2
11.2
12.1
10.0
10.0
10.4
8.3
9.0
9.3
10.7
13.2

Sigma Lithium Corporation · SGML

109.4

Teck Resources Limited · TECK

18.4
10.2
5.2
7.9
8.9
18.1
15.3
29.2
23.2
73.5
60.9
99.4
23.7
22.9
19.1
16.6

TMC the metals company Inc. · TMC

8.6
3.0
7.9
4.5
6.2
1.1
1.3
2.5
1.7
4.2
4.9
4.5
3.3
4.5
7.8
18.3
8.4
7.4
5.9

USA Rare Earth, Inc. · USAR

17.0

Vale S.A. · VALE

4.0
3.1
4.6
3.6
3.1
4.2
3.1
3.3
3.5
8.7
3.6
3.0
3.1
6.2
7.1
7.8
8.3
23.7
23.4
08 · compare level, then change

Enterprise Value & Book Value

Nexa Resources S.A. has the lowest EV/EBITDA among the 30 Other Industrial Metals & Mining companies compared here, at 4.9×. Rio Tinto Group is next at 5.55×. Elevra Lithium Limited has the lowest P/BV at 0.01×, so level and change sit with different companies. 14 of 30 companies report a comparable reading, the latest through Mar 2026.

What the numbers say: Nexa Resources S.A. leads ev/ebitda at 4.9×; Elevra Lithium Limited leads p/bv at 0.01×.

LeaderNexa Resources S.A. · 4.9×
Gap11.7% versus #2 · Rio Tinto Group
Persistence0/8 recent comparable periods
Coverage14/30 companies · 188 observations

Investor read: Treat valuation as permission to investigate, never as a standalone reason to buy.

This conclusion weakens if: The next two comparable reports reverse the current p/bv signal.

EV/EBITDA includes debt in enterprise value and is useful across different capital structures. P/BV prices the company against its own book. Both are market multiples on reported figures, not intrinsic-value estimates and not forecasts.
EV/EBITDAlowest EV/EBITDA
1Nexa Resources S.A. NEXA4.9
2Rio Tinto Group RIO · older report5.6
3BHP Group Limited BHP · older report6.1
4Santacruz Silver Mining Ltd. SCZM6.6
5Teck Resources Limited TECK7.1
P/BVlowest P/BV
1Elevra Lithium Limited ELVR · older report0.0
2Lithium Americas Corp. LAC1.0
3Nexa Resources S.A. NEXA1.2
4Lithium Argentina AG LAR1.4
5Teck Resources Limited TECK1.5
Enterprise and book valuation · company comparison
14/30 level · 28/30 change

Solid lines show level; dotted lines show change when “Both” is selected. Missing reports break the line rather than being invented.

All-company data · latest reported quarter

Each figure is the company’s latest single reported quarter. The rankings above use trailing-twelve-month or current-market values, so a company can legitimately show a different number in each.

CompanyEV/EBITDAP/BVReported
Sigma Lithium Corporation SGML2,237.019.0Mar 2026
MP Materials Corp. MP84.94.4Mar 2026
United States Antimony Corporation UAMY61.09.5Mar 2026
Standard Lithium Ltd. SLI53.72.4Mar 2026
Ferroglobe PLC GSM50.61.5Mar 2026
Americas Gold and Silver Corporation USAS47.27.1Mar 2026
Materion Corporation MTRN20.13.2Jun 2026
Vale S.A. VALE8.71.9Mar 2026
Compass Minerals International, Inc. CMP7.33.6Mar 2026
Teck Resources Limited TECK7.11.5Jun 2026
Santacruz Silver Mining Ltd. SCZM6.63.8Mar 2026
BHP Group Limited BHP6.13.0Dec 2025
Rio Tinto Group RIO5.61.6Dec 2025
Nexa Resources S.A. NEXA4.91.2Mar 2026
Almonty Industries Inc. ALM22.2Mar 2026
USA Rare Earth, Inc. USAR1.8Mar 2026
Skeena Resources Limited SKE27.9Mar 2026
Evolution Metals & Technologies Corp. EMAT-416.1Mar 2026
TMC the metals company Inc. TMC-2.0Mar 2026
Vizsla Silver Corp. VZLA2.8Jun 2026
Elevra Lithium Limited ELVR0.0Dec 2025
Lithium Americas Corp. LAC1.0Mar 2026
Lithium Argentina AG LAR1.4Mar 2026
Critical Metals Corp. CRML5.4Dec 2025
IperionX Limited IPX11.3Mar 2026
Northern Dynasty Minerals Ltd. NAK25.6Mar 2026
NioCorp Developments Ltd. NB1.5Mar 2026
Blue Moon Metals Inc. BMM3.2Mar 2026
Trilogy Metals Inc. TMQ6.9Jun 2026
REalloys Inc. ALOY6.2Mar 2026
Full 20-quarter history · every available company

EV/EBITDA · reported quarter history

Showing the 12 largest of 14 companies with a series here. The remaining 2 are complete in the plain-text rendition and the trace payload — nothing is dropped from the data, only from this grid.

Americas Gold and Silver Corporation · USAS

54.7
30.3
47.2

BHP Group Limited · BHP

2.3
2.4
4.6
3.6
3.6
4.7
6.8
4.2
15.1
7.7
6.3
6.9
6.9
5.1
5.4
5.5
6.0
6.1

Compass Minerals International, Inc. · CMP

13.2
27.4
69.6
52.5
14.0
14.9
10.8
11.2
10.9
20.0
133.0
66.1
32.0
14.4
18.5
12.4
10.2
7.3

Ferroglobe PLC · GSM

6.3
2.2
1.4
2.2
1.6
1.5
2.0
2.8
3.9
5.8
3.9
4.5
4.8
7.9
8.1
13.3
50.6

Materion Corporation · MTRN

14.0
18.7
14.6
13.2
15.0
14.3
12.5
14.1
17.7
15.3
16.0
22.0
18.6
17.1
23.1
17.3
20.1

MP Materials Corp. · MP

36.8
40.5
33.1
14.5
11.4
11.3
15.9
17.7
22.3
84.9

Nexa Resources S.A. · NEXA

3.0
3.2
3.9
2.8
2.9
3.4
4.2
10.0
12.9
16.1
17.3
9.2
6.9
4.3
9.1
7.6
5.9
3.5
4.9

Rio Tinto Group · RIO

2.5
3.8
4.0
4.0
4.0
5.2
4.2
4.2
4.6
3.8
4.7
4.8
5.0
5.6

Sigma Lithium Corporation · SGML

106.8
65.1
22.3
158.2
52.7
2,237.0

Teck Resources Limited · TECK

6.2
6.2
3.7
3.9
4.0
4.6
12.8
59.8
34.7
26.7
12.5
9.1
10.0
10.5
9.3
7.8
7.1

United States Antimony Corporation · UAMY

142.8
35.2
11.0
8.7
26.1
61.0

Vale S.A. · VALE

9.5
2.2
9.3
4.2
3.9
4.2
5.7
5.4
4.3
4.6
3.7
3.2
3.3
2.7
4.2
4.8
5.9
3.4
8.7

P/BV · reported quarter history

Showing the 12 largest of 30 companies with a series here. The remaining 18 are complete in the plain-text rendition and the trace payload — nothing is dropped from the data, only from this grid.

Almonty Industries Inc. · ALM

4.6
4.1
4.6
4.0
3.8
3.3
3.4
3.3
3.2
2.3
2.5
2.8
3.3
5.9
33.7
171.1
15.4
12.2
22.2

BHP Group Limited · BHP

1.4
1.6
3.9
3.2
3.0
3.7
3.6
3.4
3.5
4.2
3.3
3.2
3.5
2.7
2.6
2.6
2.8
3.0

Evolution Metals & Technologies Corp. · EMAT

-0.9
-0.8
-0.6
-0.3
-0.3
-0.1
-416.1

Materion Corporation · MTRN

2.0
2.5
2.0
2.3
2.9
2.8
2.4
3.0
3.1
2.5
2.5
2.4
2.0
1.8
2.7
2.7
3.2

MP Materials Corp. · MP

6.0
8.0
9.3
4.9
3.9
3.3
3.7
3.0
2.5
2.6
2.1
1.9
2.7
2.4
3.9
5.4
6.1
4.5
4.4

Nexa Resources S.A. · NEXA

0.7
0.8
0.8
0.5
0.5
0.6
0.6
0.5
0.6
0.8
0.8
1.0
1.0
1.4
0.9
0.7
0.7
1.2
1.2

Rio Tinto Group · RIO

1.6
1.6
1.4
1.8
1.7
1.6
1.5
1.7
1.4
1.5
1.6
1.3
1.3
1.3
1.3
1.6

Skeena Resources Limited · SKE

6.3
7.0
6.9
3.7
3.7
4.1
5.2
3.2
3.9
4.4
5.6
4.6
13.7
13.7
11.4
22.1
34.6
23.6
27.9

Teck Resources Limited · TECK

0.8
0.8
1.1
0.8
0.9
1.0
0.9
1.1
1.1
1.0
1.0
1.1
1.4
1.1
1.0
1.1
1.2
1.2
1.4
1.5

TMC the metals company Inc. · TMC

9.6
5.1
7.4
3.2
3.5
5.0
4.2
10.4
5.5
30.9
251.5
-45.3
-16.0
-0.7
-35.4
32.0
-64.1
-3.7
-2.0

USA Rare Earth, Inc. · USAR

-8.8
-7.9
-32.3
3.6
1.8

Vale S.A. · VALE

2.1
2.0
2.1
1.7
1.3
1.3
1.1
1.2
1.1
0.5
1.9
09 · let price answer last

Market action

Almonty Industries Inc. has the strongest one-year price move in Other Industrial Metals & Mining at +225.3%. Materion Corporation leads on Mansfield relative strength against the S&P 500 at +23.5%. 7 of 29 covered companies are above zero on that measure. Every line covers 314 weekly closes through 2026-07-28.

Every price line is indexed to 100 over the chosen window. Mansfield relative strength compares a price ratio with its own 52-week average; zero separates leadership from lagging.
Price and relative strength

Price is rebased to 100 inside the selected window. Pair ratio rebases each selected company against one chosen denominator.

Before the conclusion · check the blind spots

What can make this comparison misleading?

This Other Industrial Metals & Mining comparison names 6 specific ways its own evidence can mislead, all listed below. 4 of the 30 companies report on an older date than the sector's freshest reporters, so their ranks are marked stale. 1 of the 8 ranked sections has fewer than three usable current readings.

Keep these limits visible

  • A high growth rate can be a low-base artefact. The page keeps level and change separate for that reason.
  • A high ROCE can be temporary or flattered by a small capital base. Read it beside margin, cash conversion and reinvestment.
  • The 4-Factor Sector Score ranks research priority, not portfolio action. Management quality, catalysts and risks need equally fresh evidence before capital is deployed.
  • An “all companies” line chart preserves completeness, but rank changes should be checked against reporting dates before drawing a conclusion.
  • 4 companies have older fundamental reporting dates than the sector’s freshest reporters; their ranks carry a stale marker.
  • Thin comparisons: Valuation have fewer than three usable current readings.
10 · the complete set

Which companies are included?

All 30 companies in the canonical Other Industrial Metals & Mining membership are listed below, largest market value first — nothing is silently dropped, even where a company reports too little to rank. The charts above default to a selective view; this register is the complete set, with each company's own latest reporting date beside it.

AHEAD means the company is beating the index by 5% or more over three months. LAGGING, FUNDAMENTALS UP means it is 20% or more behind over a year while its trailing twelve-month earnings grew 20% or more. Both rules are fixed and applied the same way in every sector.

CompanyMarket valuePricePriced toLatest fundamentals
BHP Group Limited BHP23/26 WEEKS$210.5B$83.82026-07-28Dec 2025
Rio Tinto Group RIO$155.9B$91.62026-07-28Dec 2025
Vale S.A. VALE$63.1B$14.72026-07-28Mar 2026
Teck Resources Limited TECK21/26 WEEKS$29.3B$59.82026-07-28Jun 2026
MP Materials Corp. MP$7.3B$41.32026-07-28Mar 2026
Materion Corporation MTRNAHEAD26/26 WEEKS$4.4B$2102026-07-28Jun 2026
Almonty Industries Inc. ALM$3.5B$12.22026-07-28Mar 2026
USA Rare Earth, Inc. USAR21/26 WEEKS$3.4B$14.12026-07-28Mar 2026
Skeena Resources Limited SKE$3.3B$26.42026-07-28Mar 2026
Evolution Metals & Technologies Corp. EMAT$2.8B$4.82026-07-28Mar 2026
Nexa Resources S.A. NEXA23/26 WEEKS$1.6B$12.42026-07-28Mar 2026
TMC the metals company Inc. TMCLAGGING, FUNDAMENTALS UP$1.6B$3.62026-07-28Mar 2026
Americas Gold and Silver Corporation USAS$1.3B$3.92026-07-28Mar 2026
Compass Minerals International, Inc. CMPAHEAD25/26 WEEKS$1.2B$29.72026-07-28Mar 2026
Vizsla Silver Corp. VZLA$1.1B$3.22026-07-28Jun 2026
Sigma Lithium Corporation SGML$1.1B$9.52026-07-28Mar 2026
Elevra Lithium Limited ELVR21/26 WEEKS$1.0B$52.92026-07-28Dec 2025
Lithium Americas Corp. LAC$1.0B$2.82026-07-28Mar 2026
Lithium Argentina AG LAR21/26 WEEKS$921M$5.62026-07-28Mar 2026
Critical Metals Corp. CRML$831M$5.72026-07-28Dec 2025
IperionX Limited IPX$821M$22.22026-07-28Mar 2026
Northern Dynasty Minerals Ltd. NAK$819M$1.52026-07-28Mar 2026
United States Antimony Corporation UAMY$768M$5.22026-07-28Mar 2026
Ferroglobe PLC GSM$627M$3.42026-07-28Mar 2026
NioCorp Developments Ltd. NB$587M$4.02026-07-28Mar 2026
Santacruz Silver Mining Ltd. SCZM$584M$6.52026-07-28Mar 2026
Blue Moon Metals Inc. BMM20/26 WEEKS$547M$5.22026-07-28Mar 2026
Trilogy Metals Inc. TMQ$517M$3.02026-07-28Jun 2026
REalloys Inc. ALOY$504M$7.32026-07-28Mar 2026
Standard Lithium Ltd. SLI$495M$2.02026-07-28Mar 2026
Evidence and freshness

How was this comparison built?

This comparison is built from the reported filings of 30 Other Industrial Metals & Mining companies, normalized to a common $ scale and a shared quarter axis of up to 20 quarters each. Fundamentals run through Jun 2026 and market data through 2026-07-28.

FundamentalsThrough Jun 2026 · up to 20 quarters per company
Market dataThrough 2026-07-28 · weekly price and relative-strength history
Derived metricsGrowth, changes, CAPEX intensity, net debt, guarded PEG and P/BV÷ROE are calculated only when their inputs are comparable.
Score confidenceMissing and stale evidence reduces confidence and pulls the 0–100 research-priority score toward neutral.
Questions investors ask · short, speakable answers

Other Industrial Metals & Mining company comparison FAQs

These 18 answers restate the Other Industrial Metals & Mining comparison above in question form. Every one is computed from the same 30 companies and the same reported filings as the rankings and charts, current through Jun 2026. Price and relative-strength answers run through 2026-07-28. Nothing here is estimated, and none of it is a recommendation.

Which Other Industrial Metals & Mining company is the biggest?

Vale S.A. is the largest, with trailing-twelve-month revenue of $39,778 million, ahead of Nexa Resources S.A. at $3,263 million. That covers 11 of 30 companies with comparable reporting through Mar 2026.

Which Other Industrial Metals & Mining company is growing fastest?

United States Antimony Corporation has the fastest revenue growth at 100% year on year, across 9 of 30 comparable companies. Fast growth off a small base is not the same as proven scale — check whether the rate holds across several quarters on the chart above before treating it as a trend.

Which Other Industrial Metals & Mining company has the best profit margins?

Teck Resources Limited has the highest operating margin at 41.2%, from 14 of 30 comparable companies. Almonty Industries Inc. shows the biggest recent improvement, at +87.5 percentage points. A high margin matters most when it is holding or rising, not when it is peaking.

Which Other Industrial Metals & Mining company makes the most profit?

Vale S.A. earns the most, at $2,589 million of trailing-twelve-month net profit, from 22 of 30 comparable companies. Santacruz Silver Mining Ltd. has the fastest profit growth at 46.3%, though growth off a small or recovering profit base overstates how much has actually changed.

Which Other Industrial Metals & Mining company earns the highest return on capital?

Evolution Metals & Technologies Corp. leads on return on capital employed at 276.6%, across 30 of 30 companies. Read it beside the length of its reported history: a high return that repeats for years is evidence of a durable business, while a single high reading can be a small capital base or one good year.

Which Other Industrial Metals & Mining stock is the cheapest?

On guarded PEG — where a LOWER number is cheaper — Vale S.A. screens cheapest at 0.18×. Only 2 of 30 companies pass the comparability guard, so this is not a sector-wide "cheapest stock" verdict. Cheap on a multiple is a reason to investigate, never a reason to buy on its own.

Which Other Industrial Metals & Mining company has the strongest balance sheet?

Lithium Argentina AG carries the lowest comparable gross debt at $0 million, from 25 of 30 companies. Absolute rupee debt alone does not settle it, because company scale differs — net debt and debt-to-equity in the chart above carry more information, and a very low-debt balance sheet can also mean under-investment.

Which Other Industrial Metals & Mining company is investing most in new capacity?

Rio Tinto Group reports the largest capital spending at $7,601 million, across 29 of 30 companies. Spending consumes cash before it earns anything, so treat the ranking as a diligence queue: check commissioning, utilisation and the return earned on the completed assets before reading spend as value creation.

Is the Other Industrial Metals & Mining sector beating the market?

Other Industrial Metals & Mining has outperformed S&P 500 by 53% over the last 52 weeks and 31.2% over 13 weeks, measured on an equal-weight index of its current members. Inside the sector, 7 of 29 covered companies are beating the market on their own. Sector strength does not transfer evenly to every stock in it.

Which Other Industrial Metals & Mining stock has the strongest price momentum?

Materion Corporation has the strongest relative strength against S&P 500. Relative strength answers last, after growth, quality and valuation: price can move well before the fundamentals confirm it, and sometimes without them confirming at all.

Which Other Industrial Metals & Mining company scores highest for research priority?

Teck Resources Limited scores 68.1 out of 100 with 58.7% evidence confidence, from 23.6 points on growth and earnings, 16.6 on capital efficiency, 9.8 on valuation and 18.1 on relative strength. This ranks what deserves work next. It is not a buy recommendation, and management quality, catalysts and risk still need separate research.

How many Other Industrial Metals & Mining companies does this comparison cover, and over what period?

It compares 30 listed companies over up to 20 reported quarters of fundamentals and 9 fiscal years of capital allocation, ending Jun 2026, plus weekly price and relative-strength history. Membership is the full sector list — nothing is dropped for having thin data.

What is the total market cap of the Other Industrial Metals & Mining sector?

The 30 Other Industrial Metals & Mining companies on this page carry $501,555 million of combined market value. BHP Group Limited is the largest at $210,466 million, about 42% of the sector's total on its own. Market value moves with price, so this reading is dated 2026-07-28.

What is the Other Industrial Metals & Mining sector's P/E ratio?

The median price-to-earnings ratio across the 30 Other Industrial Metals & Mining companies on this page is 15×, measured on the 20 that report a comparable figure. A sector-level history for this multiple is not held here, so this is a cross-section of today, not a comparison with the sector’s own past. Figures are as of 2026-07-28.

How is the Other Industrial Metals & Mining sector performing?

7 of the 29 covered Other Industrial Metals & Mining companies are beating S&P 500 on Mansfield relative strength. The sector itself is 53% ahead of S&P 500 over 52 weeks on an equal-weight index of its current members. Readings are as of 2026-07-28.

How many Other Industrial Metals & Mining stocks are listed in the US?

This comparison covers 30 listed Other Industrial Metals & Mining companies in the US, each above the size floor the site applies. The full ranked list is on this page, with reported fundamentals through Jun 2026. Membership is the full industry list — nothing is dropped for having thin data.

Why are some values on this page blank?

A blank means that company did not report a comparable figure for that period, so nothing is shown. Missing observations are never interpolated, carried forward, or replaced with a similar-looking accounting line, and a company with missing evidence has its research score pulled toward neutral rather than being scored as bad.

Is this investment advice?

No. Every figure here is a deterministic calculation from reported company filings and market data, published for research. It contains no recommendation to buy or sell any security, does not account for your circumstances, and is not a substitute for advice from a licensed adviser.

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