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Which of the following statements about Rare Earth Elements (REEs) and Critical Minerals is/are correct?
1. Modern technological innovations including Artificial Intelligence, robotics and space exploration extensively utilise Rare Earth Elements (REEs).
2. China has the highest share in mining of REEs followed by India.
3. The Government of India launched the National Critical Mineral Mission (NCMM) in 2025 to establish a robust framework for self-reliance in the critical mineral sector.
4. Rare Earth Elements are a set of 13 metallic elements.
Select the answer using the code given below:
Explanation
Statement 1 is correct: Rare Earth Elements (REEs) are critical components in modern technologies, including AI hardware, robotics, space exploration, electric vehicles, and clean energy systems.
Statement 2 is incorrect: While China has the highest share in the global mining and processing of REEs (accounting for nearly 70% of mine output), it is followed by countries like the United States, Myanmar, and Australia. India's share in global REE mining remains marginal.
Statement 3 is correct: The Government of India approved the National Critical Mineral Mission (NCMM) in January 2025. It aims to establish a robust framework for self-reliance in the critical mineral sector, encompassing domestic exploration, recycling, and overseas asset acquisition.
Statement 4 is incorrect: REEs are a set of 17 metallic elements, comprising the 15 lanthanides on the periodic table plus scandium and yttrium.