Resolves YES if the trailing twelve months (TTM) average price for tantalum concentrate imports, reported in USD per pound, is strictly greater than 160 USD/lb on May 1, 2026. Resolution will use official trade and commodity price data from industry sources such as Metal Bulletin or USGS mineral commodity summaries. Given ongoing supply disruptions from DRC and Rwanda alongside rising capacitor demand, prices have surged recently and are expected to remain elevated near this threshold. The market excludes prices for refined tantalum metal or alloys and focuses solely on concentrate import prices. This threshold is near current market expectations reflecting tight supply conditions and substitution cost pressures in key industrial segments.

Tantalum concentrate prices are surging due to increased capacitor demand and supply disruptions from DRC and Rwanda. As market tightness persists, prices are expected to continue rising in the near term.

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