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Consider the following statements regarding Critical minerals.
  1. Critical minerals are those that are essential for economic development and national security, and the lack of availability of these minerals could potentially lead to “supply chain vulnerabilities and even disruption of supplies”.
  2. Lithium, graphite, cobalt and titanium are considered as Critical minerals.
  3. Only metallic minerals are considered as Critical minerals and not non-metallic minerals.
How many of the above statements are correct?
  • a)
    Only one 
  • b)
    Only two 
  • c)
    All three 
  • d)
    None
Correct answer is option 'B'. Can you explain this answer?
Verified Answer
Consider the following statements regarding Critical minerals. Critica...
Statement 3 is incorrect.
Critical minerals
  • These are minerals that are essential for economic development and national security, and the lack of availability of these minerals or the concentration of extraction or processing in a few geographical locations could potentially lead to “supply chain vulnerabilities and even disruption of supplies”. This is true for minerals such as lithium, graphite, cobalt, titanium, and rare earth elements, which are essential for the advancement of many sectors, including hightech electronics, telecommunications, transport, and defence.
  • Australia refers to critical minerals as: “metals, non-metals and minerals that are considered vital for the economic well-being of the world’s major and emerging economies, yet whose supply may be at risk due to geological scarcity, geopolitical issues, trade policy or other factors”.
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Consider the following statements regarding Critical minerals. Critica...
A disruption in various industries and the country's overall stability. They are often used in the production of advanced technologies, such as electronics, renewable energy systems, and defense equipment. The demand for critical minerals has been increasing due to the growth of these industries and the transition towards a more sustainable future. However, the supply of these minerals is limited, with many of them being concentrated in a few countries or regions. This concentration creates geopolitical risks and vulnerabilities, as countries become dependent on others for the supply of critical minerals. Therefore, ensuring a stable and diversified supply of critical minerals is crucial for countries to maintain their economic growth, technological advancements, and national security.
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Consider the following statements regarding Critical minerals. Critical minerals are those that are essential for economic development and national security, and the lack of availability of these minerals could potentially lead to “supply chain vulnerabilities and even disruption of supplies”. Lithium, graphite, cobalt and titanium are considered as Critical minerals. Only metallic minerals are considered as Critical minerals and not non-metallic minerals.How many of the above statements are correct?a)Only oneb)Only twoc)All threed)NoneCorrect answer is option 'B'. Can you explain this answer?
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Consider the following statements regarding Critical minerals. Critical minerals are those that are essential for economic development and national security, and the lack of availability of these minerals could potentially lead to “supply chain vulnerabilities and even disruption of supplies”. Lithium, graphite, cobalt and titanium are considered as Critical minerals. Only metallic minerals are considered as Critical minerals and not non-metallic minerals.How many of the above statements are correct?a)Only oneb)Only twoc)All threed)NoneCorrect answer is option 'B'. Can you explain this answer? for UPSC 2025 is part of UPSC preparation. The Question and answers have been prepared according to the UPSC exam syllabus. Information about Consider the following statements regarding Critical minerals. Critical minerals are those that are essential for economic development and national security, and the lack of availability of these minerals could potentially lead to “supply chain vulnerabilities and even disruption of supplies”. Lithium, graphite, cobalt and titanium are considered as Critical minerals. Only metallic minerals are considered as Critical minerals and not non-metallic minerals.How many of the above statements are correct?a)Only oneb)Only twoc)All threed)NoneCorrect answer is option 'B'. Can you explain this answer? covers all topics & solutions for UPSC 2025 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for Consider the following statements regarding Critical minerals. Critical minerals are those that are essential for economic development and national security, and the lack of availability of these minerals could potentially lead to “supply chain vulnerabilities and even disruption of supplies”. Lithium, graphite, cobalt and titanium are considered as Critical minerals. Only metallic minerals are considered as Critical minerals and not non-metallic minerals.How many of the above statements are correct?a)Only oneb)Only twoc)All threed)NoneCorrect answer is option 'B'. Can you explain this answer?.
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