Which of the following statements is correct concerning the benefits of offshore mining emphasized by the Ministry of Mines?

1
Offshore mining has minimal environmental impact and requires no regulation.
2
Offshore mining can create strategic advantages, fuel industrial growth, generate employment, and provide energy security.
3
Offshore mining activities are primarily limited to state governments with no involvement from private companies or start-ups.
4
Offshore mining is primarily focused on extracting hydrocarbons like oil and natural gas.

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