Monday, 22 December 2014

Vaikundarajan, Mineral Sand Producer, Finds Hope After Supreme Court’s Order Trumps High Court’s Direct

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For a period of time, the heavy mineral mining industry was suffering from losses owing to postponement in the renewal of leases for beach sand mining. The Supreme Court’s ruling gives companies such as VV Mineral, India some relief. The Supreme Court has ordered a deadline to be maintained.

Earlier in the year, special inspection teams raided VV Mineral sand quarry to find some evidence of the large scale illegal heavy mineral mining along the beaches of Vembar, Vaipar and Periyasamipuram in regards to the thorium scam. Unsurprisingly, no such illegal activity was found at any of the quarries run by VV Mineral. Sadly, other companies in the industry were found conducting illegal beach mining. These companies now have fines imposed on them.

VV Mineral, one of the country’s biggest sand mining producers is involved in garnet mining, zircon mining, ilmenite mining and rutile mining. A privately owned firm by S Vaikundarajan and son V Subramanian, the firm has garnered a very strong impression in the industry. The firm practises safe and environmentally friendly methods while conducting its business.

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