There is no justification," said Grant Smith, director-overseas operations at V V Minerals. "Indian Rare Earths Ltd (IRE) is operating the mineral sands separation plant at Chavara in Kerala to produce some rare earth minerals . But the major constituent in monazite is rare earth," said Smith. "In today’s world, China controls over 95 per cent of the rare earth market. the advanced heavy water reactor (AHWR).Smith also stressed on the versatility of rare earth minerals.

Source: Economic Times October 19, 2016 13:30 UTC