This market resolves YES if both Sibelco and The Quartz Corp (Imerys) HPQ mining and processing operations at Spruce Pine, Mitchell County, NC are operating at normal (>80% of nameplate) capacity on December 31, 2026.

YES if: Both Spruce Pine HPQ operations confirmed operational on Dec 31, 2026 NO if: Either operation is shut down, curtailed >20%, or in force majeure on Dec 31, 2026

Resolution sources (priority order):

1. Sibelco corporate press releases (sibelco.com)

2. The Quartz Corp / Imerys (quartzusa.com) press releases

3. Mitchell County, NC emergency management reports

4. Reuters / Bloomberg supply chain reporting