Wednesday, 24 June 2015

VV Minerals India Has No Capabilities To Be Part Of A Thorium Scam

 VV Minerals India was thoroughly assessed by the Department of Atomic Energy (DAE) and had been cited clean in their assessment report. The report clearly mentions that the mining company had no means of extracting thorium from heavy minerals laden sand.

VV Minerals India is a 20 year old mining company owned by S Vaikundarajan along with a few of his family members.

S Vaikundarajan and VV Minerals India have been the forerunners of the industry and thus have revered much regard as well as rivalry.

When a local collector in Tirunelvelli decided to inspect their premises without a legal warrant he raised a hue and cry of a possibility of a Thorium Scam.

To rest his suspicions to rest a legal look into was demanded of the Department of Atomic Energy (DAE) and they reported VV Minerals India clean of any means to produce thorium, leave alone harbor a thorium scam.

Yet, VV Minerals India’s name continues to be used with callous abandon. By virtue of being a well-established mining company, VV Minerals India has no reason to be indulging in a thorium scam.

Also, since VV Minerals India has been in the industry for nearly two decades, they are well-versed with the rules and regulations on mining.

If the company did wish to extract thorium then they would do so in appropriate legal measure and definitely not initiate a Thorium Scam.

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