Geography · Economic and Strategic Minerals

Consider the following statements regarding rare-earth permanent magnets and India's critical minerals strategy: I. Rare-earth permanent magnets are indispensable for high-efficiency electric vehicle traction motors and offshore wind turbine generators due to their superior magnetic energy density. II. India's move to commence domestic manufacturing of rare-earth permanent magnets is primarily intended to enhance strategic autonomy by reducing dependence on concentrated global suppliers for clean energy and electronics value chains. III. India currently possesses complete end-to-end self-sufficiency across the rare-earth value chain, including mining, separation, alloying, and high-grade permanent magnet manufacturing at commercial scale. How many of the above statements are correct?