Statement 1 is correct: Rare Earth Elements (REEs) (especially Neodymium, Praseodymium, Dysprosium, etc.) are critical for high-performance magnets, semiconductors, batteries, lasers, and sensors used in AI hardware, robotics, EVs, and space technologies.
Statement 2 is not correct: As of 2025, China produced nearly 70 percent of the total global rare earth mine production. In a distant second place was the United States (not India), accounting for a 13.1 percent share of the global rare earth production.
Statement 3 is correct: The Government of India approved the National Critical Mineral Mission (NCMM) in January 2025 to establish a framework for self-reliance in the critical mineral sector. The mission aims to secure the supply chain for these essential resources.
Statement 4 is not correct: REE consists of 17 elements, including the 15 lanthanides from the periodic table, along with the transition metals scandium and yttrium.
Source:
https://www.iea.org/policies/25735-national-critical-mineral-mission
https://www.pib.gov.in/PressReleasePage.aspx?PRID=2120525®=3&lang=2
https://www.statista.com/statistics/268011/top-countries-in-rare-earth-mine-production/
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