The 2021 Frank Nelson Cole Prize in Algebra is awarded to Chenyang Xu. He leads a group developing an algebraic theory of moduli for K-stable Fano varieties and working out a radically new approach to the singularities of the minimal model program using K-stability. (photo by Allegra Boverman) Xu’s (single-authored) paper “A minimizing valuation is quasi-monomial” proves a conjecture of Jonsson and Mustaţă on log canonical thresholds and also a conjecture of Li on normalized volumes. In...

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