[Intro Music]
I hear China is again onto something
We are currently witnessing a change in the International Order
which is being brought by a very tiny deadly virus
But lets talk about this a few days later
and first lets talk about the war brewing under the radar
 
 
 
 
And one country is sitting on a pile of them.
From smartphones to supersonic jets, these are the secret ingredients of almost every scientific wonder
Do you remember studying periodic table in school? Didn't like it? I didn't like it either.
But this is important! Take a look at this.
Take a look at these couple of rows which sit ignored.
Now if you look at these 15 elements or lanthanides, tucked into the 6th row of this table
Now if you add these lanthanides with scandium and yttrium at the top, you get Rare Earth Elements.
Now you must be thinking, why am I adding rare before earth elements.
Because of their distribution. They cannot be found in some big  mines or big deposits.
Instead, they are evenly spread across different parts of the world.
However, one country has roughly one third of the world’s reserves of rare earth elements.
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Now you must be thinking why does china need all these elements?
 
 
 
 
 
 
 
 
And China is the king of all these elements.
 
 
 
 
 
 
 
 
 
 
 
 
 
 
There are several countries in the world with these earth deposits.
which, if extracted, can feed the need of the American and European markets can end the China’s monopoly.
 
 
 
 
In the 1950’s,  India established what is today known as the Indian Rare Earth’s Limited.
a government owned corporation based in the financial hub of our country, Mumbai.
India did have an early mover’s advantage but somewhere it got stuck around red tape business
and lack of interest shown by the entrepreneurs because of their low domestic demand.
That is why our rare earth industry remains underused.
India has the world’s 5th largest reserves of these minerals.
 
 
 
 
 
 
 
 
 
 
Just think about the scope of this industry. It is immense.
 
 
 
 
Our country must come up with a national strategy to use these to its fullest potential.
Because this could be our chance at achieving
