Kunal Shah

We are saying that if that is the world that we live in, which is protectionist in nature, so how do we look at our strength, you know, vis-à-vis incumbents or competition?

The world has mined 700 million tons of copper in all its mining history... If the copper consumption grows only at 3%, you will need another 700 million in the next 18 years.

We are hoping that the numbers that we have presented, you know, and everything else about the business, reflects the kind of effort that we are making to bring value.

We are hoping that the numbers that we have presented and everything else about our business reflects the kind of effort that we are making to bring value.

The world has mined 700 million tons of copper in all its mining industry... if copper consumption grows only at 3%, you need another 700 million in 18 years.

This particular order is grinding media, so it will be always on the lower end of the spectrum.

The solution is for us to send liners and grinding media together. That's the customer we are looking at.

Our margins do not suggest we are engaging in that kind of offensive behavior.

The change in mindset comes from five years of facing volatile freight environment where freight rates have gone up as high as five times, corrected back, and then went up again.

We are staying put with our current capacity in India, which stands at 460,000 tons.

We are seeing some slowdown at some mining customers where our offtake just looks to be a little lower. What we thought will be caught up in second and third quarter looks to be a little more systemic and structural.

I think this was a steady quarter, nothing exceptional to report on any metrics.