Recently, there has been a concern over the short supply of a group of elements called 'rare earth metals.' Why? Which of the statements given above is/are correct?

Question image

Understand the Problem

The question is asking about the reasons behind the concern over the short supply of rare earth metals, detailing specific statements regarding their production and significance, and seeking to identify which of those statements are correct.

Answer

Statements 1 and 3

Statements 1 and 3 are correct.

Answer for screen readers

Statements 1 and 3 are correct.

More Information

The primary reason for the concern over rare earth metals is their essential role in modern technologies and the geopolitical control over their supply, primarily by China, which can affect global markets.

Tips

A common mistake is to assume statement 2 is correct without verifying current global distribution and reserves of rare earth metals.

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