Geography · Global Production and Reserves of Rare Earth Elements
Consider the following statements regarding the global production and reserves of Rare Earth Elements (REEs): Statement I: China is the largest producer of Rare Earth Elements in the world, while the United States ranks as the second-largest producer. Statement II: China and the United States possess the largest and second-largest reserves of Rare Earth Elements globally, respectively. Which one of the following is correct in respect of the above statements?
Verified Solution4 OptionsUpdated: October 2026👁️1 View
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- 1Statement I is not correct but Statement II is correct.
- 2Statement I is correct but Statement II is not correct.✓
- 3Both Statement I and Statement II are correct but Statement II does not explain Statement I.
- 4Both Statement I and Statement II are correct and Statement II explains Statement I.
Correct answer
Statement I is correct but Statement II is not correct.
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