In early March 2026, the military intervention by US-Israeli forces inside Iran and the subsequent declaration by the Islamic Revolutionary Guard Corps of a blockade of the Strait of Hormuz have sent shockwaves through the global economy. While oil prices breaking through the $80 per barrel mark has drawn attention to energy security, a more serious crisis is unfolding beneath the surface: the shutdown of supply for celestite ore (strontium-bearing mineral), the critical mineral that underpins China's manufacturing industries in electronics, automotive, and glass. This report details the impact of the deteriorating situation in Iran on China's strontium industry chain and outlines the strategic responses that will be required going forward.
This article is for members only. You can read the full content after your subscription is confirmed.
