Due to the impact of the U.S.-Iran conflict, the supply of Iranian celestine (strontium ore) has been disrupted, causing the price of strontium carbonate in China to surge by 29.71% in a single day on March 4th, reaching 11,025 yuan per ton (approximately $1,595 USD). Against this backdrop, Jinrui Mining has avoided supply chain shocks due to its self-supply capability from its Qinghai Dafengshan strontium mine, leading its stock price to rise against the market trend and achieve two consecutive trading-day limit-ups. This event highlights the supply chain resilience of companies with domestic mineral resources when facing geopolitical risks, providing investors with market signals and potentially prompting a market re-evaluation of the value of related mining companies.
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