Recently, there has been a concern over the short supply of a group of elements called ‘rare earth metals’. W…
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Recently, there has been a concern over the short supply of a group of elements called ‘rare earth metals’. Why?
1. China, which is the largest producer of these elements, has imposed some restrictions on their export
2. Other than China, Australia, Canada and Chile, these elements are not found in any country
3. Rare earth metals are essential for the manufacture of various kinds of electronic items and there is a growing demand for these elements
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• Correct Answer: C
• China (69% mined, 90% refined) imposed export restrictions causing global supply concerns
• Rare earths are found in Brazil, Vietnam, Russia, India, USA—not just China, Australia, Chile
• Essential for electronics, EV motors, wind turbines; demand is growing rapidly due to energy transition
• Statement 2 is incorrect on geographic distribution
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