Geography · Mineral Resources

With reference to India's rare earth mineral resources, consider the following statements: I. India has one of the largest monazite deposits in the world, concentrated mainly along the eastern and southern coastal sands. II. The Indian Rare Earths Limited (IREL) under the Department of Atomic Energy is the primary agency responsible for processing these minerals. III. Rare earth mining in India is regulated under the Atomic Energy Act, 1962. IV. India currently accounts for over 25% of global rare earth processing capacity. Which of the above statements are correct?