VV Mineral – a socially Responsible Organization

To begin with VVM had initially started with issuing free note books to the underprivileged and needy students in and around of processing plant area and other required areas too.

After the successful completion of this activity every year, VVM has done the following new projects as well subsequently in part of our corporate social responsibility

a)      Free medical camp in the villages

b)     Free medical treatment through our VV Health Centre

c)      Interest free loan to coastal village women to motivate them to start self group industry

d)     Construct compound wall to required school

e)      Free Land issued to construction of Water tank in Navalady village, Radhapuram Taluk

f)    Free Land issued to construction of Community Hall for conducting functions, events by village with free of cost.

g)      Free solar lamp provided to college students

h)     Free toilet facility provided to village people

It doesn’t end here. The company has given a ray of hope to a lot of children by sponsoring their education. It’s rare to see companies indulge in such activities and also doing it so humbly that the world is unaware of their good deeds. It’s organizations like these that make world a better place to be!

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.      

Goa Government Lifts Mining Transportation Ban

In a positive move for the mining industry, the Goa government has finally permitted the state mining industry to resume its operation in Goa. “The Goa government had restricted mining operation due to monsoons. With the monsoons behind us, mining industry can resume its operations,” says Vaikundarajan, founder of VV Minerals India, one of the largest sand beach mining companies in India.

Mining operations should be in full swing by the start of October. Prasanna Acharya, director of Mines and Geology, issued a statement informing the mining companies of the ban having been lifted.

The transportation of mineral by road was banned in the interest of public safety after some accidents on the main road came to light. On the request of locals, the government decided to ban transportation of minerals till monsoon had rescinded.

“Public safety is of utmost importance. With the lack of mining transportation roads in Goa, the trucks took to main road. A couple of accidents were reported by locals and the government was quick to take an action. Transportation was suspended till monsoon was over. The government also plans to construct a dedicated road for mining transportation,” says Vaikundarajan.

Thorium Scam Doesn’t Exist, Says Vaikundarajan

The World Nuclear Association stated that India has seen a considerable decline in the amount of thorium deposits. The beach minerals have depleted from 300000 tonnes to 200000 tonnes across the Indian coastline. Monazite quantity has also decreased by more than 2.1 million tonnes.

Being the largest producer of Garnet and Ilmenite, VV Minerals is being scrutinised by the stake holders. However, S Vaikundarajan, founder of VV Minerals stated, “The mineral rich sand is getting washed away from the Indian coastline in the absence of mining, and as a result, Sri Lanka, located further down, is reaping rich benefits at the cost of Indian industry.”

To pull off a scam of such extent is impossible for one company alone. Due to global warming, the rising water level is causing a lot of problems across the world. With the water moving in on the shores, India may lose a lot of mineral reserves. Soon, India may also lose its Thorium rich status.

Indian Rare Earths Ltd (IREL), a public sector undertaking under the Department of Atomic Energy (DAE), is the only company exporting Monazite said V Narayanasamy, Minister of State in the Prime Minister’s Office (PMO), to the Lok Sabha, on November 30, 2011. Monazite is a source of Thorium.

“Ilmenite, Rutile, Leucoxene, Garnet, Sillimanite and Zircon are separated from beach sands and these individual heavy minerals — free of Monazite — are being exported.” said the Minister.

No licence or permission is required from DAE for these substances due to the delisting of Ilmenite, Rutile, Zircon, etc. from the list of prescribed substances, said V Narayanasamy.

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.