Rare Earth refers to a group of 17 chemical elements found in the periodic table, including lanthanides and scandium and yttrium. These elements are not actually rare in terms of abundance but are often difficult to extract and refine, making them valuable for various applications. These elements are essential in the production of high-tech devices, such as smartphones, electric vehicles, and wind turbines. Their unique properties enable advancements in electronics, renewable energy, and defense technologies, highlighting their importance in modern industry and innovation.