V. V. Minerals Expands Operations To Odisha

V. V. Minerals is planning for excavation and refining of the mineral in Odisha. The investment of this project is estimated to be around Rs 100 crores.

V. V. Minerals is a Tamil Nadu-based mining firm having largest market share in ilmenite production and exports, and one of the largest Indian companies in the sand mining business.

“We are planning to apply for 2-3 areas in Odisha for excavating ilmenite and garnet. We will also invest Rs 75 crore to 100 crore for establishing a mineral refining plant in the state,” said V Subramaniun, director of the firm. VVM is the first private exporter of ilmenite and is the leading manufacturer and exporter of the mineral.

 “Production of ilmenite has been slow in India due to tough regulations and limited awareness about it. The government must change its position on the mineral,” added Subramaniun.

“Along with the tough regulations, the processing of lease grant should be made faster if we want to tap its potential because apart from exports, the mineral will be in huge demand from domestic market in future,” said the V. V. Mineral official.

Ilmenite is upgraded to titanium dioxide to be used in consumer goods like paper, plastic, paint colour and cosmetic industries such as sunscreen. The proposal of V. V. Minerals is strategically important as Kolkata-based Saraf Agencies Private Ltd (SAPL) is constructing a titanium slag plant near Gopalpur with an investment of Rs 250 crore. These plants use ilmenite as feedstock.      

VV Minerals Is Far From Indulging In Illegal Beach Mining: S Vaikundarajan

Introduction: S.Vakundarajan’s VV Minerals has been dragged into a controversy that is fast spreading and enjoying attention across all media channels. The alleged illegal beach mining that was accidentally ‘discovered’ by a collector is at best an exercise in rival mud-slinging and no more.

S.Vaikundarajan’s VV Minerals is a mining company that has been a forerunner in the industry for nearly two decades and has never had a reason to turn to the ways of illegal beach mining.

Over the years of their functioning they have grown with the times and employed various eco-friendly processes that are beneficial to the surroundings of their mining areas as well as the process of mining itself.

Illegal beach mining is for those companies who do not have a standing and feel the need to resort to unethical practices. On the other hand VV Minerals has always been on the correct side of the law.

They have always maintained a great record and even won national, international and regional accolades for their quality, quantity and ideology of work.

On the basis of VV Mineral’s clean history, it seems almost absurd that the beach mining giant is now being pulled into an illegal beach mining scam at the hands of ignorant officials.

Vaikundarajan remains confident that his business rivals have come together and really applied themselves to bring to life a fictional scam.

After the AERB has cleared us and declared that we do not have the machinery or the expertise to process thorium legally or illegally, there remains very little reason for VV Minerals to be blamed for illegal beach mining.