Introduction
Rare Earth Elements are not truly 'rare' in absolute terms but are unevenly distributed in small quantities in certain minerals, which significantly impacts their usage and availability.
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Main Body
Used in electronics, renewable energy equipment, defins, automobiles etc
Multi-dimensional implications of uneven distribution - Economic Implications: some countries take the lead in electronics manufacturing et. (E) China - makes supply chain
central around them - Monopolised REF processing
Employment impacted REF processing - mining them upto jobs & scarrued is projected to grow sharply - (E) Central African countries like DRC
Vulnerability of some countries - like India - 10-15f impenetrant dependent fn many REFs (in recent lbiced Mineral report) - forex used , invsting
Geopolitical clashes in security - (E) China uk US led minerals security partnership - trying to secu central own the REFs - (E) Afghanistan - emerging silk of context
Environmental impact - Prosperity, extracting three elements
Possible social impact in Prime - REFs es 'Vitamin' - replacing 'oil' as the force once. If source country can frm OPEC like cartel, control prices than their people will benefit from revenue to State - (E) higher standard & living, substituted health et
Day Forward - Momasik switch with other countries (controlled on Lithium clash - Cattomata - Argentina) - Extraction - new technology
Central Asian Republics
Conclusion
Hence REFs are – fuel of Green Mineral transition that Needs policy priority and international cooperation.
16 words
- Clear definition distinguishing rare from unevenly distributed
- Lists specific REE elements
- Mentions multiple applications
- Identifies economic implications
MEGHNA CHAKARAVORTY
Distribution of Key Natural Resources across the world
Rare Earth Elements and their distribution
REEs - economic implications and supply chains
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Structured, starting clearly but becoming fragmented
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