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Consider the following statements regarding Critical Minerals Partnership.
- It has been established to accelerate the development of diverse and sustainable critical energy minerals supply chains globally.
- It has been led by United States.
- India has become the newest partner.
How many of the above statements are correct?
- a)Only one
- b)Only two
- c)All three
- d)None
Correct answer is option 'C'. Can you explain this answer?
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Most Upvoted Answer
Consider the following statements regarding Critical Minerals Partners...
The correct answer is option 'C' - All three statements are correct.
Explanation:
- The Critical Minerals Partnership (CMP) has indeed been established to accelerate the development of diverse and sustainable critical energy minerals supply chains globally. The CMP aims to strengthen cooperation among countries in the areas of critical minerals research, development, and supply chain management. It seeks to promote sustainable and responsible mining practices, enhance resource security, and support the transition to clean energy technologies.
- The CMP is led by the United States. The United States has been actively involved in promoting the development of critical minerals supply chains and has taken a leadership role in addressing the challenges associated with the global demand for these minerals.
- India has recently become the newest partner of the Critical Minerals Partnership. India's participation in the partnership is significant as it is one of the fastest-growing economies and has a growing demand for critical minerals. India's inclusion in the partnership will help strengthen global cooperation in the development of critical minerals supply chains and ensure the availability of these minerals for various industries, including clean energy technologies.
In summary, the Critical Minerals Partnership has been established to accelerate the development of critical energy minerals supply chains globally. It is led by the United States, and India has recently joined as the newest partner.
Explanation:
- The Critical Minerals Partnership (CMP) has indeed been established to accelerate the development of diverse and sustainable critical energy minerals supply chains globally. The CMP aims to strengthen cooperation among countries in the areas of critical minerals research, development, and supply chain management. It seeks to promote sustainable and responsible mining practices, enhance resource security, and support the transition to clean energy technologies.
- The CMP is led by the United States. The United States has been actively involved in promoting the development of critical minerals supply chains and has taken a leadership role in addressing the challenges associated with the global demand for these minerals.
- India has recently become the newest partner of the Critical Minerals Partnership. India's participation in the partnership is significant as it is one of the fastest-growing economies and has a growing demand for critical minerals. India's inclusion in the partnership will help strengthen global cooperation in the development of critical minerals supply chains and ensure the availability of these minerals for various industries, including clean energy technologies.
In summary, the Critical Minerals Partnership has been established to accelerate the development of critical energy minerals supply chains globally. It is led by the United States, and India has recently joined as the newest partner.
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Community Answer
Consider the following statements regarding Critical Minerals Partners...
Critical Minerals Partnership: India has become the newest partner of the US-led Minerals Security Partnership (MSP) that has been established to accelerate the development of diverse and sustainable critical energy minerals supply chains globally. The MSP, which started in june 2022, has 12 other partner countries, plus the European Union. India’s Epsilon Carbon Limited will invest $650 million in a greenfield electric vehicle battery component factory, which will be the largest ever Indian investment in the US electric vehicle battery industry.
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Consider the following statements regarding Critical Minerals Partnership. It has been established to accelerate the development of diverse and sustainable critical energy minerals supply chains globally. It has been led by United States. India has become the newest partner.How many of the above statements are correct?a)Only oneb)Only twoc)All threed)NoneCorrect answer is option 'C'. Can you explain this answer?
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