Overview - Beryllium and its compounds are recognized for their high specific stiffness, excellent thermal conductivity, and outstanding dimensional stability, making them critical in defense, nuclear energy, aerospace, and advanced weaponry applications [1][12] - The United States holds approximately 60% of the world's beryllium resources, making it a dominant player in the global beryllium market, with a projected production of 364 tons in 2024, accounting for 49.45% of the total [1][12] - China, while being the third-largest producer of beryllium, faces challenges in resource development, with a projected demand of 99.58 tons in 2024 against a production of only 77 tons, necessitating significant imports [1][12] Market Policies - China has implemented various policies to support the development of the non-ferrous metals industry, including beryllium, to ensure a stable supply chain and promote green development [7][8] Industry Chain - The beryllium industry chain consists of upstream exploration and mining, midstream smelting and processing, and downstream applications across various sectors such as aerospace, electronics, and defense [9][10] Upstream Resources - Global beryllium resources are concentrated, with the US having over 60% of known reserves, while China's reserves are less industrially viable due to low ore grades and complex compositions [11] Downstream Applications - The US is the largest consumer of beryllium products, with significant usage in industrial components, automotive electronics, and aerospace, while China's demand is primarily driven by military and high-end electronics [12] Competitive Landscape - The beryllium market is characterized by high technical barriers in smelting and processing, with a concentration of production among a few key players, including Materion in the US and several domestic companies in China [14][15] Development Trends - China aims to enhance the development of low-grade beryllium resources and improve recycling technologies to reduce reliance on primary minerals, while also adopting more environmentally friendly mining and processing methods [16][17]