Resolves YES if Kazatomprom officially reports that more than 50% of its uranium output is allocated to India as of July 1, 2026. Resolution will be based on Kazatomprom's mid-year production and allocation disclosures, typically found in their official press releases or investor reports. This threshold matters because a majority allocation to India could significantly tighten global uranium supply, impacting market dynamics and prices. Only direct allocations confirmed by Kazatomprom count; secondary market sales or downstream transactions do not. The market settles on the allocation status exactly on July 1, 2026.

The allocation of a significant portion of Kazatomprom's uranium output to India could greatly affect global uranium supply, tightening the market and influencing prices.

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