High Voltage: BYD zooms past Tesla with revenue, new EV charging tech

China’s BYD passed Elon Musk’s Tesla for revenue in 2024 and unveiled game changing new chargers in a major salvo in the EV race.

BYD is smashing it as Tesla comes under fire. Pic: Getty Images

• Chinese EV maker BYD beats Tesla for revenue in 2024

• BYD made around ~A$170 billion compared to the US carmaker's ~A$154 billion

• BYD also released game changing charging technology

Our High Voltage column wraps all the news driving ASX stocks with exposure to lithium, cobalt, graphite, nickel, rare earths, and vanadium.

Chinese electric vehicle giant BYD is certainly building its own dream, overtaking Tesla with its 2024 financial results.

IG market analysis flagged the company has outperformed rival Tesla last year,achieving revenue of RMB777.1 billion (or around A$170 billion) which is a 29% increase year-on-year.

It comes despite pessimism which has surrounded the electric vehicle industry and lithium, where prices have been dumped in the past two years due in part to slowing demand outside the Middle Kingdom.

Compare that to Tesla's 2024 revenue of US$97.7 billion (around A$154 billion).

Plus, the US carmaker only delivered 1.79 million battery-powered vehicles in 2024, resulting in its first ever annual delivery decline of 1.1%. BYD delivered 4.27 million units, 1.76 million of which were EVs, almost on par with Tesla.

And the Chinese carmaker is targeting global EV markets, looking to build new manufacturing facilities and expanding distribution networks across multiple regions including Europe, Southeast Asia, and Latin America.

“The global expansion strategy appears to be a calculated move to reduce the company's vulnerability to tariffs and trade barriers,” IG noted.

BYD also has a possible technological advantage over Tesla and its futurist boss Elon Musk, last week unveiling a new battery and charging system that allows compatible vehicles to gain 400km of range from just a five-minute charge, not much longer than filling a tank of gas.

That’s a substantial improvement on Tesla's superchargers, which provide approximately 275km after a 15-minute charge.

Looks like the company’s RMB 54.2 billion investment last year is paying off, with the new tech marking a ‘significant leap forward in EV convenience.”

“This technological advancement could prove to be a crucial selling point for BYD as it expands into new markets where charging infrastructure and range anxiety remain significant barriers to EV adoption,” IG said.

Battery Metals Winners and Losers

Here’s how a basket of ASX stocks with exposure to lithium, cobalt, graphite, nickel, rare earths, magnesium, manganese and vanadium is performing >>>

Code	Company	Price	% Week	% Month	% Six Month	% Year	Market Cap
XTC	XTC Lithium Limited	0.2	19900%	19900%	19900%	19900%	$17,528,272
REE	Rarex Limited	0.024	167%	167%	85%	50%	$14,415,225
LSR	Lodestar Minerals	0.021	75%	110%	5%	-13%	$4,649,993
CRR	Critical Resources	0.005	67%	0%	-50%	-64%	$12,321,106
EMH	European Metals Hldg	0.265	56%	121%	77%	-2%	$74,680,094
LNR	Lanthanein Resources	0.003	50%	20%	0%	0%	$7,330,908
EGR	Ecograf Limited	0.36	47%	188%	271%	100%	$215,712,614
PGD	Peregrine Gold	0.19	46%	58%	19%	-10%	$16,687,434
ASR	Asra Minerals Ltd	0.0035	40%	17%	-30%	-22%	$7,119,380
TKM	Trek Metals Ltd	0.053	39%	121%	71%	39%	$27,651,312
EMN	Euromanganese	0.05	39%	14%	4%	-42%	$10,393,206
NWC	New World Resources	0.027	35%	23%	35%	-33%	$95,614,607
EMT	Emetals Limited	0.004	33%	0%	0%	-20%	$3,400,000
M2R	Miramar	0.004	33%	0%	-43%	-76%	$1,825,387
AOA	Ausmon Resorces	0.002	33%	0%	-33%	-33%	$2,622,427
BSX	Blackstone Ltd	0.081	33%	69%	107%	36%	$56,153,117
SUM	Summitminerals	0.076	31%	-3%	-72%	21%	$6,883,111
CHR	Charger Metals	0.052	30%	0%	-35%	-57%	$4,103,273
STM	Sunstone Metals Ltd	0.0065	30%	-19%	8%	-50%	$30,900,022
YAR	Yari Minerals Ltd	0.005	25%	-17%	43%	0%	$1,929,431
CDT	Castle Minerals	0.0025	25%	-17%	-17%	-64%	$4,819,557
S2R	S2 Resources	0.077	24%	17%	-3%	-41%	$32,605,775
HAW	Hawthorn Resources	0.053	23%	18%	-9%	-29%	$17,755,827
ASN	Anson Resources Ltd	0.063	21%	11%	-18%	-29%	$84,590,929
AQD	Ausquest Limited	0.06	20%	58%	463%	520%	$82,144,522
KGD	Kula Gold Limited	0.006	20%	20%	-21%	-15%	$5,527,522
ODE	Odessa Minerals Ltd	0.006	20%	0%	200%	0%	$9,597,195
SRL	Sunrise	0.275	20%	2%	-36%	-52%	$24,361,424
SRI	Sipa Resources Ltd	0.013	18%	18%	-13%	-28%	$4,996,780
BOA	BOA Resources Ltd	0.02	18%	0%	0%	-20%	$2,467,057
RR1	Reach Resources Ltd	0.01	18%	-33%	-29%	-33%	$7,869,882
RR1	Reach Resources Ltd	0.01	18%	-33%	-29%	-33%	$7,869,882
PBL	Parabellumresources	0.047	18%	-6%	-15%	-33%	$2,928,100
PAT	Patriot Lithium	0.047	18%	2%	31%	-48%	$5,815,226
PVT	Pivotal Metals Ltd	0.007	17%	-22%	-36%	-59%	$6,350,581
NH3	Nh3Cleanenergyltd	0.022	16%	-4%	5%	-4%	$13,190,515
TVN	Tivan Limited	0.0995	16%	14%	99%	99%	$186,715,999
ZNC	Zenith Minerals Ltd	0.052	16%	18%	21%	-43%	$20,372,071
ARN	Aldoro Resources	0.355	15%	-24%	373%	373%	$61,207,204
SLZ	Sultan Resources Ltd	0.008	14%	-11%	33%	-33%	$1,851,759
MRR	Minrex Resources Ltd	0.008	14%	0%	0%	-41%	$8,678,940
FG1	Flynngold	0.025	14%	-4%	-17%	-40%	$7,709,310
MTM	MTM Critical Metals	0.17	13%	-24%	146%	143%	$77,916,595
PSC	Prospect Res Ltd	0.13	13%	37%	44%	49%	$71,582,873
AXN	Alliance Nickel Ltd	0.036	13%	9%	-16%	3%	$26,130,226
EV1	Evolutionenergy	0.018	13%	6%	-40%	-81%	$6,527,709
GL1	Globallith	0.195	11%	0%	-5%	-62%	$48,420,443
EVR	Ev Resources Ltd	0.005	11%	0%	9%	-39%	$9,929,183
DEV	Devex Resources Ltd	0.095	10%	17%	-42%	-66%	$40,193,851
NVX	Novonix Limited	0.53	10%	10%	-16%	-38%	$330,740,937
GW1	Greenwing Resources	0.034	10%	-3%	-19%	-51%	$8,182,150
DM1	Desert Metals	0.023	10%	10%	0%	-23%	$7,819,694
LM1	Leeuwin Metals Ltd	0.12	9%	-8%	41%	52%	$10,115,966
ENV	Enova Mining Limited	0.0065	8%	-19%	-28%	-74%	$9,187,755
ABX	ABX Group Limited	0.041	8%	14%	0%	-23%	$10,262,031
IXR	Ionic Rare Earths	0.007	8%	17%	-13%	-61%	$36,668,998
GRE	Greentechmetals	0.07	8%	6%	-25%	-72%	$7,289,261
GLN	Galan Lithium Ltd	0.1125	7%	7%	2%	-70%	$91,774,023
SBR	Sabre Resources	0.0075	7%	-17%	-46%	-58%	$2,750,734
EFE	Eastern Resources	0.03	7%	7%	-25%	-57%	$3,782,698
AZI	Altamin Limited	0.03	7%	15%	3%	-38%	$17,235,087
KNI	Kunikolimited	0.15	7%	3%	-12%	-43%	$13,034,140
AR3	Austrare	0.085	7%	6%	-4%	-14%	$12,926,564
CNB	Carnaby Resource Ltd	0.31	7%	-5%	-26%	-50%	$71,942,491
CTN	Catalina Resources	0.003	7%	7%	-20%	-20%	$4,548,786
MIN	Mineral Resources.	25.43	6%	3%	-41%	-62%	$4,818,636,170
WA1	Wa1Resourcesltd	14.35	6%	9%	-4%	25%	$958,855,388
LRV	Larvottoresources	1.02	6%	28%	165%	1297%	$432,558,449
MHC	Manhattan Corp Ltd	0.019	6%	-5%	-5%	-62%	$4,228,180
ASL	Andean Silver	1.245	6%	20%	6%	223%	$190,528,506
ARR	American Rare Earths	0.295	5%	7%	5%	26%	$147,152,757
ETM	Energy Transition	0.079	5%	11%	229%	103%	$108,514,607
1MC	Morella Corporation	0.02	5%	0%	-33%	-77%	$6,275,045
JLL	Jindalee Lithium Ltd	0.205	5%	-2%	-15%	-71%	$14,350,411
NTU	Northern Min Ltd	0.021	5%	17%	0%	-32%	$167,143,116
MHK	Metalhawk.	0.43	5%	29%	153%	562%	$48,979,126
OMH	OM Holdings Limited	0.335	5%	-4%	-12%	-21%	$260,527,312
JMS	Jupiter Mines.	0.1675	5%	2%	-1%	-20%	$323,571,891
BKT	Black Rock Mining	0.023	5%	-23%	-57%	-72%	$35,266,557
1AE	Auroraenergymetals	0.049	4%	29%	2%	-51%	$8,415,996
OCN	Oceanalithiumlimited	0.025	4%	-7%	-6%	-51%	$3,437,410
TLG	Talga Group Ltd	0.455	3%	-1%	18%	-39%	$199,836,651
OD6	Od6Metalsltd	0.032	3%	-20%	-22%	-60%	$5,095,863
MLX	Metals X Limited	0.68	3%	26%	55%	103%	$589,450,373
EMC	Everest Metals Corp	0.17	3%	6%	36%	113%	$36,924,333
SRZ	Stellar Resources	0.017	3%	6%	0%	21%	$33,276,009
DLI	Delta Lithium	0.17	3%	6%	-29%	-39%	$125,394,814
E25	Element 25 Ltd	0.2575	3%	1%	-26%	14%	$58,867,693
ARU	Arafura Rare Earths	0.19	3%	9%	12%	-3%	$480,544,095
VUL	Vulcan Energy	5.03	3%	25%	16%	69%	$1,166,201,035
CXO	Core Lithium	0.08	3%	-5%	-20%	-48%	$162,869,181
FLG	Flagship Min Ltd	0.045	2%	5%	-17%	-72%	$9,161,740
GAL	Galileo Mining Ltd	0.1325	2%	2%	-20%	-52%	$26,679,365
QEM	QEM Limited	0.062	2%	-6%	-38%	-57%	$11,831,689
BCA	Black Canyon Limited	0.062	2%	-16%	7%	-44%	$8,038,343
BM8	Battery Age Minerals	0.063	2%	-5%	-45%	-37%	$7,743,505
LKE	Lake Resources	0.0335	2%	-1%	-14%	-50%	$59,403,093
IDA	Indiana Resources	0.078	1%	10%	47%	84%	$50,133,132
CWX	Carawine Resources	0.099	1%	3%	5%	-10%	$23,376,419
BHP	BHP Group Limited	39.58	0%	0%	-9%	-9%	$200,520,574,950
A8G	Australasian Metals	0.075	0%	1%	-32%	25%	$4,341,729
AGY	Argosy Minerals Ltd	0.022	0%	-8%	-39%	-83%	$30,574,340
RIL	Redivium Limited	0.004	0%	0%	-20%	0%	$13,609,422
LPD	Lepidico Ltd	0.002	0%	0%	-33%	-62%	$17,178,371
MRD	Mount Ridley Mines	0.0025	0%	-17%	-75%	-88%	$1,946,223
CZN	Corazon Ltd	0.002	0%	0%	-60%	-80%	$2,369,145
RLC	Reedy Lagoon Corp.	0.002	0%	-33%	0%	-50%	$1,553,413
FRS	Forrestaniaresources	0.027	0%	59%	108%	69%	$6,823,816
MNS	Magnis Energy Tech	0.042	0%	0%	0%	0%	$50,378,922
ESR	Estrella Res Ltd	0.029	0%	7%	107%	625%	$57,454,232
VRC	Volt Resources Ltd	0.005	0%	0%	43%	0%	$23,423,890
NMT	Neometals Ltd	0.065	0%	-12%	-55%	-50%	$50,012,630
PNN	Power Minerals Ltd	0.07	0%	-20%	-42%	-48%	$7,969,841
HAS	Hastings Tech Met	0.31	0%	-14%	13%	-46%	$59,492,832
TKL	Traka Resources	0.001	0%	0%	-33%	-50%	$2,125,790
PRL	Province Resources	0.041	0%	0%	0%	0%	$48,441,219
IPT	Impact Minerals	0.006	0%	-29%	-51%	-55%	$21,680,454
JRV	Jervois Global Ltd	0.011	0%	0%	-21%	-56%	$29,730,402
VML	Vital Metals Limited	0.003	0%	200%	0%	-25%	$11,790,134
ATM	Aneka Tambang	0.995	0%	0%	-3%	-10%	$1,297,131
LEL	Lithenergy	0.37	0%	0%	17%	-23%	$41,440,581
LML	Lincoln Minerals	0.005	0%	0%	-17%	-38%	$10,281,298
MRC	Mineral Commodities	0.026	0%	0%	0%	8%	$25,596,288
PEK	Peak Rare Earths Ltd	0.105	0%	-5%	-45%	-48%	$36,969,882
AML	Aeon Metals Ltd.	0.005	0%	0%	0%	0%	$5,482,003
G88	Golden Mile Res Ltd	0.009	0%	-10%	-10%	-25%	$5,442,479
WKT	Walkabout Resources	0.095	0%	0%	-14%	-24%	$63,769,838
TON	Triton Min Ltd	0.006	0%	-25%	-45%	-63%	$9,410,332
CNJ	Conico Ltd	0.007	0%	0%	-65%	-65%	$1,662,411
MQR	Marquee Resource Ltd	0.01	0%	-9%	-38%	-50%	$4,854,805
AM7	Arcadia Minerals	0.02	0%	0%	-44%	-73%	$2,347,669
AS2	Askarimetalslimited	0.011	0%	0%	-48%	-82%	$3,053,973
BYH	Bryah Resources Ltd	0.004	0%	33%	0%	-60%	$2,507,203
DTM	Dart Mining NL	0.005	0%	0%	-69%	-68%	$3,094,938
EMS	Eastern Metals	0.009	0%	-25%	-50%	-69%	$1,023,086
GSM	Golden State Mining	0.009	0%	13%	-18%	-10%	$2,514,336
TEM	Tempest Minerals	0.005	0%	0%	-47%	-48%	$3,172,649
OB1	Orbminco Limited	0.001	0%	-40%	-52%	-80%	$2,166,590
KZR	Kalamazoo Resources	0.079	0%	4%	0%	-9%	$16,751,481
LMG	Latrobe Magnesium	0.014	0%	0%	-52%	-72%	$32,879,523
KOR	Korab Resources	0.008	0%	0%	0%	-20%	$2,936,400
CMX	Chemxmaterials	0.026	0%	0%	-28%	-51%	$3,354,580
NC1	Nicoresourceslimited	0.081	0%	-5%	-19%	-46%	$8,865,497
ENT	Enterprise Metals	0.0025	0%	-17%	-38%	-17%	$2,945,793
RBX	Resource B	0.033	0%	-8%	-3%	-28%	$3,801,088
WIN	WIN Metals	0.018	0%	0%	-59%	-65%	$9,901,046
WMG	Western Mines	0.1	0%	-17%	-59%	-39%	$9,938,868
AVW	Avira Resources Ltd	0.008	0%	-27%	-60%	-60%	$1,175,518
NWM	Norwest Minerals	0.01	0%	-23%	-55%	-66%	$4,851,195
RGL	Riversgold	0.004	0%	-20%	-20%	-43%	$6,734,850
FTL	Firetail Resources	0.06	0%	-9%	-39%	58%	$22,801,679
CLZ	Classic Min Ltd	0.001	0%	0%	0%	-94%	$1,544,026
PEK	Peak Rare Earths Ltd	0.105	0%	-5%	-45%	-48%	$36,969,882
TAR	Taruga Minerals	0.009	0%	-10%	0%	50%	$6,354,241
MEK	Meeka Metals Limited	0.14	0%	12%	137%	312%	$338,940,135
WC1	Westcobarmetals	0.016	0%	-11%	-38%	-67%	$2,866,505
PTR	Petratherm Ltd	0.295	0%	-3%	478%	1241%	$100,228,283
ITM	Itech Minerals Ltd	0.046	0%	2%	-37%	-41%	$7,687,592
KTA	Krakatoa Resources	0.009	0%	-10%	-25%	0%	$5,581,206
M24	Mamba Exploration	0.013	0%	-7%	8%	-50%	$3,837,153
CY5	Cygnus Metals Ltd	0.11	0%	-15%	47%	116%	$89,169,325
L1M	Lightning Minerals	0.071	0%	-17%	9%	4%	$7,646,296
LLL	Leolithiumlimited	0.332997	0%	0%	0%	0%	$401,204,047
LU7	Lithium Universe Ltd	0.008	0%	-20%	-23%	-60%	$6,287,837
SLM	Solismineralsltd	0.083	0%	-11%	-11%	-21%	$8,304,959
ICL	Iceni Gold	0.079	0%	-9%	98%	216%	$24,322,953
LCY	Legacy Iron Ore	0.01	0%	11%	-20%	-31%	$97,620,426
PFE	Pantera Lithium	0.016	0%	-20%	-38%	-68%	$7,106,755
LTM	Arcadium Lithium PLC	9.33	0%	2%	161%	37%	$1,994,929,982
ILU	Iluka Resources	4.22	0%	-1%	-38%	-40%	$1,808,571,100
NIC	Nickel Industries	0.625	-1%	-16%	-30%	-19%	$2,712,459,922
BC8	Black Cat Syndicate	0.7925	-1%	-2%	78%	269%	$532,325,391
LIN	Lindian Resources	0.095	-1%	0%	-10%	-21%	$110,704,535
ARL	Ardea Resources Ltd	0.43	-1%	-3%	5%	-42%	$85,863,653
AXE	Archer Materials	0.3	-2%	-8%	58%	-44%	$76,454,104
IG6	Internationalgraphit	0.051	-2%	-6%	-31%	-66%	$9,677,917
KFM	Kingfisher Mining	0.047	-2%	-20%	-38%	-44%	$2,524,605
KAI	Kairos Minerals Ltd	0.0195	-3%	-3%	50%	63%	$52,618,244
SGQ	St George Min Ltd	0.0185	-3%	-42%	-47%	-12%	$48,020,804
GBR	Greatbould Resources	0.068	-3%	1%	17%	24%	$52,377,923
LPM	Lithium Plus	0.065	-3%	8%	-35%	-57%	$8,634,600
RON	Roninresourcesltd	0.16	-3%	-6%	52%	28%	$6,460,002
FRB	Firebird Metals	0.093	-3%	2%	-28%	-26%	$13,239,610
RNU	Renascor Res Ltd	0.0455	-3%	-9%	-45%	-46%	$116,933,479
FGR	First Graphene Ltd	0.0445	-3%	-3%	-7%	-22%	$31,444,193
IGO	IGO Limited	4.195	-3%	2%	-23%	-40%	$3,112,370,711
S32	South32 Limited	3.485	-3%	-3%	-1%	21%	$15,853,547,762
BNR	Bulletin Res Ltd	0.041	-4%	-11%	-13%	-38%	$12,038,146
WR1	Winsome Resources	0.27	-4%	-13%	-47%	-67%	$65,851,232
VTM	Victory Metals Ltd	0.385	-4%	-8%	-4%	54%	$42,316,058
LYC	Lynas Rare Earths	7.37	-4%	8%	-4%	32%	$6,739,318,114
DVP	Develop Global Ltd	2.855	-4%	-1%	25%	20%	$785,003,125
LLI	Loyal Lithium Ltd	0.074	-4%	-13%	-43%	-75%	$7,655,713
VMC	Venus Metals Cor Ltd	0.11	-4%	29%	80%	5%	$21,574,155
RXL	Rox Resources	0.32	-4%	39%	146%	111%	$197,573,501
PGM	Platina Resources	0.021	-5%	11%	0%	5%	$13,086,787
NVA	Nova Minerals Ltd	0.31	-5%	7%	130%	24%	$99,812,999
PMT	Patriotbatterymetals	0.305	-5%	15%	-23%	-66%	$169,413,399
RAS	Ragusa Minerals Ltd	0.02	-5%	-13%	25%	-20%	$2,851,976
TOR	Torque Met	0.1	-5%	1%	20%	-29%	$26,966,393
LIT	Livium Ltd	0.0095	-5%	-32%	-57%	-67%	$15,107,205
FBM	Future Battery	0.019	-5%	-5%	6%	-66%	$12,641,763
MLS	Metals Australia	0.019	-5%	-10%	-21%	-17%	$14,574,390
GT1	Greentechnology	0.038	-5%	-22%	-57%	-73%	$14,772,580
ASO	Aston Minerals Ltd	0.019	-5%	6%	46%	46%	$24,606,221
KOB	Kobaresourceslimited	0.055	-5%	4%	-54%	-45%	$8,720,889
BUR	Burleyminerals	0.055	-5%	10%	4%	-15%	$8,270,402
CTM	Centaurus Metals Ltd	0.365	-5%	0%	-21%	16%	$183,779,449
EVG	Evion Group NL	0.018	-5%	-18%	-33%	-18%	$8,263,479
ASM	Ausstratmaterials	0.36	-5%	-11%	-32%	-75%	$68,002,756
LOT	Lotus Resources Ltd	0.175	-5%	3%	-39%	-56%	$413,464,090
WCN	White Cliff Min Ltd	0.017	-6%	-6%	-19%	13%	$32,223,003
RMX	Red Mount Min Ltd	0.008	-6%	0%	-20%	-54%	$3,719,662
LTR	Liontown Resources	0.69	-6%	8%	-5%	-39%	$1,577,854,676
CMO	Cosmometalslimited	0.015	-6%	-32%	-32%	-55%	$2,488,865
PNT	Panthermetalsltd	0.015	-6%	7%	-25%	-39%	$4,513,568
DRE	Dreadnought Resources Ltd	0.015	-6%	-6%	0%	-17%	$62,388,000
PLL	Piedmont Lithium Inc	0.1075	-7%	-12%	-17%	-40%	$65,295,069
PVW	PVW Res Ltd	0.014	-7%	-13%	-42%	-48%	$2,784,667
PLS	Pilbara Min Ltd	1.8625	-7%	-7%	-38%	-50%	$5,920,991,211
AZL	Arizona Lithium Ltd	0.0065	-7%	-35%	-57%	-74%	$31,932,702
ADV	Ardiden Ltd	0.13	-7%	-10%	-7%	-19%	$8,127,276
ALY	Alchemy Resource Ltd	0.0065	-7%	-19%	-7%	8%	$8,246,534
REC	Rechargemetals	0.013	-7%	-13%	-50%	-74%	$3,334,370
VHM	Vhmlimited	0.245	-8%	-17%	-57%	-51%	$56,458,988
AVL	Aust Vanadium Ltd	0.012	-8%	0%	-14%	-25%	$103,615,897
WC8	Wildcat Resources	0.175	-8%	-8%	-30%	-72%	$227,775,284
KNG	Kingsland Minerals	0.115	-8%	0%	-44%	-57%	$7,981,700
AAJ	Aruma Resources Ltd	0.011	-8%	10%	-31%	-35%	$2,442,640
TMB	Tambourahmetals	0.032	-9%	14%	-16%	-59%	$3,762,881
INF	Infinity Lithium	0.021	-9%	-22%	-32%	-68%	$9,714,434
QPM	QPM Energy Limited	0.042	-9%	-26%	31%	2%	$108,587,472
KM1	Kalimetalslimited	0.084	-9%	-10%	-27%	-79%	$6,664,659
CHN	Chalice Mining Ltd	1.355	-9%	0%	-6%	32%	$525,186,164
COB	Cobalt Blue Ltd	0.062	-9%	22%	-15%	-57%	$27,247,345
INR	Ioneer Ltd	0.155	-9%	3%	-30%	-3%	$365,129,240
CRI	Criticalim	0.0155	-9%	-14%	29%	-33%	$41,670,953
VR8	Vanadium Resources	0.02	-9%	-23%	-55%	-49%	$11,252,504
IPX	Iperionx Limited	2.88	-9%	-30%	-9%	27%	$1,014,932,012
GED	Golden Deeps	0.019	-10%	-17%	-50%	-61%	$3,080,447
SYA	Sayona Mining Ltd	0.019	-10%	-10%	-34%	-51%	$219,322,624
DYM	Dynamicmetalslimited	0.36	-10%	24%	95%	100%	$17,179,519
CAE	Cannindah Resources	0.078	-10%	30%	70%	34%	$56,790,236
RVT	Richmond Vanadium	0.13	-10%	8%	-57%	-62%	$28,838,333
MAN	Mandrake Res Ltd	0.017	-11%	-23%	-41%	-54%	$10,663,419
BMM	Bayanminingandmin	0.042	-11%	-21%	-7%	-31%	$3,943,767
AUZ	Australian Mines Ltd	0.008	-11%	-11%	14%	-33%	$12,586,609
LEG	Legend Mining	0.008	-11%	-20%	-38%	-43%	$23,275,817
RAG	Ragnar Metals Ltd	0.016	-11%	-6%	-16%	-20%	$7,583,776
ANX	Anax Metals Ltd	0.008	-11%	-11%	-64%	-60%	$7,062,461
QXR	Qx Resources Limited	0.0035	-13%	-30%	-50%	-81%	$4,585,272
CLA	Celsius Resource Ltd	0.007	-13%	-36%	-42%	-46%	$20,171,004
AKN	Auking Mining Ltd	0.007	-13%	40%	40%	-67%	$3,448,673
EG1	Evergreenlithium	0.07	-13%	-13%	71%	-36%	$3,879,870
MEI	Meteoric Resources	0.069	-13%	1%	-37%	-71%	$165,917,258
EUR	European Lithium Ltd	0.041	-13%	-17%	8%	-40%	$56,362,077
SCN	Scorpion Minerals	0.02	-13%	11%	0%	-47%	$11,731,346
HRE	Heavy Rare Earths	0.02	-13%	-20%	-33%	-46%	$4,368,712
STK	Strickland Metals	0.077	-13%	13%	-18%	-11%	$169,970,935
A11	Atlantic Lithium	0.16	-14%	-14%	-32%	-56%	$114,369,307
AX8	Accelerate Resources	0.006	-14%	-40%	-45%	-84%	$4,480,524
IMI	Infinitymining	0.012	-14%	20%	-40%	-83%	$5,076,189
GCM	Green Critical Min	0.012	-14%	-20%	500%	200%	$23,540,140
THR	Thor Energy PLC	0.012	-14%	-8%	-29%	-48%	$9,214,268
GRL	Godolphin Resources	0.012	-14%	-20%	-20%	-67%	$4,668,282
SRN	Surefire Rescs NL	0.003	-14%	0%	-50%	-70%	$7,248,923
BUX	Buxton Resources Ltd	0.033	-15%	14%	-48%	-67%	$7,335,321
FIN	FIN Resources Ltd	0.005	-17%	-29%	0%	-72%	$3,246,344
ADD	Adavale Resource Ltd	0.002	-20%	-20%	-33%	-67%	$5,718,198
MOH	Moho Resources	0.004	-20%	0%	-33%	-20%	$2,923,498
SYR	Syrah Resources	0.25	-21%	9%	-2%	-49%	$250,114,755
SYR	Syrah Resources	0.25	-21%	9%	-2%	-49%	$250,114,755
WSR	Westar Resources	0.007	-22%	-30%	-13%	-38%	$2,392,349
TMX	Terrain Minerals	0.003	-25%	-25%	-25%	-25%	$6,010,670
PUR	Pursuit Minerals	0.052	-31%	-26%	-65%	-79%	$4,706,336
SMX	Strata Minerals	0.0325	-43%	5%	30%	12%	$9,340,757
OM1	Omnia Metals Group	0.01	-87%	-87%	-87%	-87%	$2,062,371
POS	Poseidon Nick Ltd	0	-100%	-100%	-100%	-100%	$23,380,727
LRS	Latin Resources Ltd	0	-100%	-100%	-100%	-100%	$477,661,711
CAI	Calidus Resources	0	-100%	-100%	-100%	-100%	$93,678,206
Code	Company	Price	% Week	% Month	% Six Month	% Year	Market Cap

Weekly Small Cap Standouts

RareX (ASX:REE)

An unexpected gallium discovery has elevated RareX’s Cummins Range project to the most advanced gallium deposit in Australia with historical drill holes containing values up to 6826g/t Ga2O3.

The critical metal, a key material in semiconductor chips currently subject to export bans from its main producer China, could transform Cummins Range, already one of Australia’s largest pre-development rare earths and phosphate projects.

Gallium assays have been identified in the upper 80m of the carbonatite pipe, occurring alongside high-grade rare earths, phosphate, and scandium mineralisation, after the company assessed historical regolith RC drilling conducted between 2007 and 2012 by Navigator Resources and Kimberly Rare Earths.

A total of 11,487 assays for gallium were completed with 36% of the assays containing >40g/t Ga2O3. RareX will now conduct further studies to determine how gallium can be integrated into its rare earth and phosphate development plans.

European Metals (ASX:EMH)

The company’s Cínovec lithium project in the Czech Republic has been declared by the European Commission as a Strategic Project under its recently implemented Critical Raw Materials Act.

This confirms the importance of the project, the largest hard rock lithium and tin resource in Europe, in supplying battery-grade lithium chemicals to the continent’s battery supply chain and will bring added support from European institutions as well as accelerated and simplified permitting.

“The recognition by the European Commission of the importance of the Cínovec project is a significant milestone in the development of the project,” EMH executive chairman Keith Coughlan said.

“We recently announced the formal declaration of Cínovec as a Strategic Deposit by the Czech government and this escalating formal support for the project provides greater confidence in the future permitting and financing.

“In short, it brings the production of battery-grade lithium chemicals from Cínovec one big step closer to fruition.”

At Stockhead, we tell it like it is. While RareX is a Stockhead advertiser, it did not sponsor this article.

Originally published as High Voltage: BYD zooms past Tesla with revenue, new EV charging tech