What are the implications of uneven distribution of rare earth elements and what measures should be taken?

Implication of uneven distribution:

(I) Our dependence on China - almost 60% production.

(J) Resource Nationalism by countries - Protectionism

(K) Price control and fluctuations

(L) Hampers progress - digital revolution (needed for GPD), Climate change progress

Way Forward:

(i) Diversity some supply chain pestilence

(ii) Ministration - QUAD

(iii) Capability upgradation - expansion in Asia

Conclusion: REE must not become a roadblock for the global fight against climate change. Need is for cooperation and collaboration.