Stability of valuations and Kollár components

We prove that among all Kollár components obtained by plt blow ups of a klt singularity o ∈ (X,D) , there is at most one that is (log-)K-semistable. We achieve this by showing that if such a Kollár component exists, it uniquely minimizes the normalized volume function introduced in [Li18] among all divisorial valuations. Conversely, we show that any divisorial minimizer of the normalized volume function yields a K-semistable Kollár component. We also prove that for any klt singularity, the infimum of the normalized volume function is always approximated by the normalized volumes of Kollár components.