价格翻倍？断供70%？“碳酸锶”独角兽，拿下全球20%份额，又一个中毅达？

Group 1: Industry Overview - The geopolitical conflict in the Middle East, particularly between Israel and Iran, has escalated, leading to significant disruptions in global supply chains, particularly through the explosion at Iran's Shahid Rajaee Port [1] - Shahid Rajaee Port is crucial for Iran's non-oil imports and exports, handling 55% of the country's cargo throughput, and its shutdown has interrupted the supply chain for high-grade celestite imports to China [1] - Celestite is a key raw material for strontium carbonate, with Iran supplying over 70% of China's imports due to its high-grade mineral sources [1] Group 2: Market Impact - The shutdown of Shahid Rajaee Port, combined with the fire at the Kandelium plant in Mexico (which has a production capacity of 40,000 tons) and environmental reviews in Spain, has led to a drastic reduction in global celestite supply [3] - The price of strontium carbonate has surged from 8,000 CNY per ton in September 2024 to 16,000 CNY per ton by June 2025, marking a 100% increase, with expectations that prices may exceed 30,000 CNY per ton [3] Group 3: Company Insights - Jinrui Mining has a current strontium carbonate production capacity of 20,000 tons per year, with plans for an expansion project to increase capacity by 45,000 tons per year by the end of 2025 [5] - Beikang Technology is a supplier of mining equipment and raw materials for magnetic materials, with some business connections to the strontium carbonate supply chain [6] - Hongxing Development controls the highest-grade strontium mines in China, with a current production capacity of 30,000 tons of strontium carbonate and an additional 30,000 tons of new capacity under construction, holding over 30% market share [7] - A notable company in the industry, referred to as the "Asian Strontium King," has an annual production capacity of 30,000 tons and commands a global market share of approximately 15%-20%, with a domestic market share exceeding 30% [9] - This company has full self-sufficiency in celestite supply, has broken overseas monopolies with its technology, and has entered the supply chains of international giants like Samsung and LG [10]