Which of the following statement(s) is/are correct about the ‘Rare Earth Elements’?
1. Rare Earth Elements comprise of 17 elements which are classified as light RE elements (LREE) and heavy RE elements (HREE).
2. None of the rare earth elements are available in India due to which India is dependent upon China for its 70% needs.
3. India has a state-owned company ‘Khan Bidesh India Limited’ which aims to acquire strategic mineral assets such as lithium and cobalt abroad.
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