What are Rare Earth Elements (REEs)? Discuss the multi-dimensional implications of uneven distribution of REEs in the world.

Rare Earth Materials Elements [REE] are a set of 17 elements which include Lanthanides & Yttrium & Scandium. REE are not rare because they are found in limited amount they are rare because they are rare most often found in combination of with different elements. Implications of uneven REE distribution

shortages and price fluctuations in markets. (1) dominance of China in REE misused by China. (2) Sino-economic impact on mineral rich nations population because of land grabbing, debt diplomacy etc to Africa. (3) Monopolistic control engages strategic sectors like Power electronics chips (LAI, blockchain) and EVs (Batteries, motherboard) etc (4) Over exploitation by corporate miners are not sustainable.