BDY has had a stunning ramp up in production over the last 3 months. Along with CATL, Tesla opening up giga factories in Berlin and Austin this year, the Balama mine will be needed at full production soon (shipping permitting) to provide the anode material for all these new electric vehicles.BYD car sales breakdown:
The perspectives for the future are very good, and some reports indicate that BYD might further increase its production output to 80,000-90,000 units a month as soon as September! The company also looks mostly immune to the chip shortage.
- BEVs: 30,382 (up 223% year-over-year)
- PHEVs: 30,126 (up 556% year-over-year)
- Total: 60,508 (up 332% year-over-year)
Disclaimer - BDY is a Chinese vehicle manufacture not list on the ASX. I don't own any stock in BDY and never will but if they keep ramping up production like this, they'll be great for Syrah Resources. We are the only mine who can meet the massive increase in demand for anodes.
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Last
44.0¢ |
Change
-0.015(3.30%) |
Mkt cap ! $377.4M | |||
| Open | High | Low | Value | Volume |
| 45.5¢ | 45.5¢ | 43.8¢ | $1.965M | 4.423M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 16 | 237489 | 43.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 44.0¢ | 2300 | 1 |
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| Last trade - 16.10pm 30/05/2024 (20 minute delay) ? |
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44.0¢ |
Change
-0.015 ( 3.64 %) |
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| Open | High | Low | Volume | ||
| 45.5¢ | 45.5¢ | 43.5¢ | 1256040 | ||
| Last updated 15.59pm 30/05/2024 ? | |||||
| SYR (ASX) Chart |