Q. Consider the following statements:
In India, monazite and thorium are the principal source of rare earths elements
India is self sufficient in Rare Earth elements
Which among the above statements is / are correct?
Answer: Only 1 is correct
Notes: China holds the leading position among producers of rare earths followed by Brazil, Malaysia and India. Though China is having only 37% reserves of rare earths, it produces around 97% of world`s supply of rare earth. In India, monazite and thorium are the principal source of rare earths elements. Monazite is a prescribed substance as per the notification under the Atomic Energy Act, 1962.
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