PARLIAMENT QUESTION: RARE EARTH MINERALS

1. At a Glance

2. Why in the News

3. Background & Evolution

4. Core Static Facts

5. Multi-Dimensional Analysis

Economic - REEs underpin EVs, wind energy, electronics → critical to India's net-zero 2070 and Make-in-India targets [S2]. - Import-substitution via 6,000 MTPA magnet capacity reduces ~$200–300 mn annual import bill [S3].

Geopolitical / Strategic - China controls ~60% of global mining and ~90% of refining; India's diversified BSM base is a hedge — DAE explicitly states no China reliance for BSM-route REEs [S1]. - India joined Minerals Security Partnership (MSP) to secure offshore supplies; NCMM funds overseas asset acquisition [S2].

Scientific / Technological - REPM (SmCo) plant uses indigenous technology and indigenous monazite-derived feedstock — vertical integration from ore to magnet [S3]. - Polymetallic nodule exploration in offshore Indian EEZ for REE/Co/Ni/Mn [S2].

Legal / Constitutional - Monazite is a "prescribed substance" under Atomic Energy Act, 1962 — mining restricted to govt entities [S1]. - MMDR Amendment Act, 2023 classified critical minerals; royalty rates rationalised.

Environmental - Monazite processing generates Th/U-bearing radioactive tailings — handled under AERB norms. - Beach sand mining contested in coastal Kerala/TN (CRZ concerns).

6. Recent Developments

7. Prelims Hooks

8. Mains Relevance

9. Related Topics to Study Next

10. Common Errors / Trap Areas

11. Sources