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This acquisition represents a key backward integration initiative aimed at securing long-term supply of crucial raw materials. While it is early to quantify the financial benefits, we believe it will contribute to improved margins stability at consolidated levels post stabilization.
Europe has levied 84% anti-dumping duty on Chinese barium carbonate coming into EU. So this is very quite positive and it's been applied. We see a lot more demand coming from Europe, a good order pipeline as well as improved realizations.
We see uh good traction especially coming from uh battery uh I mean the magnet side of the application especially the ferite magnet being a good substitute for neobium magnets.