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Context:
Read about MSP here: https://www.iasgyan.in/daily-current-affairs/minerals-security-partnership
What are Rare Earth Metals?
What are Rare Earths used for?
Dependence on China:
India’s Concern:
Government’s Assertions:
India’s potential:
Going Forward
Fertile Ecosystem for Junior Explorers
Progressive Mineral Exploration Policy Reform
Encouraged to form such junior exploration businesses in the Indian Ocean Region
Leverage India’s unique strategic network
Leveraging the large private sector networks
Supporting Indian-owned companies
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