Local Industry Rendered Jobless Due To Ban On Mining, Says VV Mineral V Subramanian

The local industry has laid off many due to the ban on beach mineral mining in Tamil Nadu. The ban was imposed in August 2013 and has seriously affected the lifestyle of locals causing a loss to the exchequer.

"The local industry is nearly without job as a result of the ban that was effected in August last year. It has rendered joblessness to around 50,000 people including 15,000 of ours," V V Mineral's Managing Partner VV Mineral V Subramanian said. "The country is loosing forex amounting to at least Rs 10,000 crore a year," he claimed.

VV Mineral, a beach mining company founded in late 1980s, is country’s largest mining, manufacturer and exporter of garnet and ilmenite.

The ban resulted from complaints of illegal mining has affected nearly five coastal districts. An inquiry commission has been set up to look into the matter.

Beach mining from mineral sands is found only in coastal states such as Odisha, Andhra Pradesh, Tamil Nadu, Kerala and Maharashtra. Sands contain minerals such as garnet, ilmenite, rutile, zircon and sillimanite which are used in varied areas such as aircraft and paper industries.

VV Minerals accounts to about 75% of beach mineral mining activity in the state of Tamil Nadu. The state itself contributes to around 85% of the country’s total exports of 6.5 lakh tonnes of garnet.

VV Mineral V Subramanian explains that the current state of beach mining is relenishable. “In the absence of mining, such minerals are being carried away by sea waves and as a result, Sri Lanka, located further down, is reaping rich benefit at the cost of Indian industry. The ban on mining is impacting Indian firms' reputation as trusted partners with customers overseas. It is causing an annual loss of around Rs 300 crore to the state exchequer as well," he said.

The reopening of the mines could attract some few hundred crore of investment in the sector in Tamil Nadu, he said, adding his own company is likely to invest Rs 300 crore for enhancing capacity of value addition in the existing facility.

VV Minerals India Explains What New Rules For Atomic Minerals Will Mean For The Industry

 The new mining laws have put private rare earth mineral sector in an uncertain position. With the industry raising their concern against the law, the Centre has decided to come out with rules governing leases of atomic minerals. VV Mineral Mining is India’s largest garnet miner and exporter. “These minerals are used in ceramic and higher technology items. The origin of these minerals is traced to Western Ghats,” informs VV Minerals India.

VV Mineral Sillimanite Is Considered Outstanding, Globally

Sillimanite is extracted using high temperature. It is found in aluminium-rich-vicinities. Owing to the processes followed at VV Mineral, India under the close watch of Vaikundarajan, Chairman, VV Mineral; the sillimanite produced is of outstanding quality and is in high demand, globally.

VV Minerals Manufactures Everyday Minerals For The Common Man

VV Mineral Mining is one of the finest mining manufacturing companies situated in Tamil Nadu. The company manufactures minerals like Rutile, Zircon, Illmenite and Garnite. All of these products are used in a variety of applications in Industrial as well as common man's.

VV Mineral Becoming The World Leaders In Heavy Mineral Mining

S. Vaikundarajan is connected in large scale beach mineral mining in the southern region of Tamil Nadu. VV Minerals,Mining the company he owns, is the country’s leading heavy mineral producer and are about to become the world leaders in the heavy mineral mining industry.

The company conducts beach sand mining for minerals like rutile, garnet, zircon, and ilmenite. In VV Minerals, India has been one of few private companies to export these minerals commercially to other countries. Incepted since 1989, the company has been growing in size and has been gaining notoriety in mineral mining, the globe over. Yet, the company is always looking at ways to better itself, both economically and socially. Over the years, the owner of VV Mineral, Vaikundarajan, has received countless awards and praise in the export business.

At this juncture in the state of Tamil Nadu, the mineral mining industry has had to remain at a standstill. This has mainly occurred dues to the acts of a few private mining players conducting illegal sand mining activities in the state.  At first, VV Mineral was also alleged to have played a part in this scam. However, after investigations were conducted, the mining mineral firm were given a clean chit by the government. The investigation concluded that the company had no involvement in the scam.

VV Minerals is a family owned company and other members of the management committee include, S Jegatheesan, J Muthurajan and V Subramanian.

No Connections Seen Between Beach Sand Mining Tycoon VV Mineral, Vaikundarajan And Jayalalitha

S.Vaikundarajan is involved in large scale beach mineral mining in the southern districts of Tamil Nadu. His company VV Minerals, India is the leading heavy mineral mining company in the entire nation.

Mr. S. Vaikundarajan, owner of VV Minerals, Mining is all set to become world leaders in the heavy mineral mining industry. They conduct beach sand mining of minerals like garnet, zircon, rutile and ilmenite. They have been one of the first private companies in India to start exporting such minerals commercially to other nations. Established in 1989, they have now become a global super power in this industry. Nonetheless, they now aim to be the best all over the world.

VV Mineral, Vaikundarajan have received innumerous awards and accolades in the export business. The Industry in Tamil Nadu is right now at a standstill, because of the illegal sand mining activities conducted by a few private miners. Initially, even VV Mineral was alleged in this scam but after the investigations were conducted and concluded they were given the green chit from the central government, as their involvement in the scam was proven a hoax.

They are family grown business and other eminent members of the management committee include, S Jegatheesan, J Muthurajan and V Subramanian.

Life Works Of Vaikundarajan

Vaikundarajan hails from a jaggery maker’s family, but 25 years ago, he decided to break away from the family business and started something of his own which was unconventional. He set up VV Minerals in the year 1989. With just a humble turnover of 64 lakh per anum, VV Minerals, India, started off as a small scale company. Today, it is one of the biggest exporters of heavy minerals in India with a turnover of over 900 crore.

Mr. Subiah Vaikundarajan owes his success to his father, as he walked the journey of life on principles laid down by him. He feels that India is not utilizing the resources gifted to us by nature. He describes the scenario as a criminal waste of minerals, as these minerals will not stay on the shores for too long. The constant action of waves and wind will transport them back to the sea. They will settle on the shores of some other country and they will reap the benefits of our riches.

Despite being awarded as the largest Garnet manufacturer by the government Vaikundarajan believes that the amount they have manufactured is very insignificant compared to what exists on the beaches.

Products Of VV Mineral, A Private Heavy Mineral Mining Company Owned By S. Vaikundarajan

VV Mineral, Vaikundarajan is 2 decades old heavy mineral mining company based in Tamil Nadu. They are the nation’s leading miners and exporters of heavy minerals. They have a humongous output of about 700000 metric tones of heavy minerals gathered over 40 km of beach stretch in Tisayanvilai.

VV Minerals mines and manufactures mostly 4 products. The main mineral is Garnet which is found in abundance on these beaches. They also extract ilmenite and rutile which are used in making Titanium dioxide pigments. Lastly, they also deal with mining and processing minerals like Zircon, Sillimanite and Leucoxene.

About 7000 acres of mineral rich sand is present in the mining areas, which makes VV Minerals leaders in the industry. They are the first private company in India holding granted license for Mining and Exporting of Ilmenite from the Government of India.

Garnet Abrasive is mainly used for Water Filtration, Sand Blasting, Water Jet Cutting, Surface Preparation and other applications. Ilmenite is mainly used for manufacturing Titanium dioxide pigment, Titanium slag and other products; Rutile is mainly used for Welding Electrode , Titanium metal and pigment industries and Zircon for the production of opacifiers, glazes and frits, floor and decorative tiles, sanitary ware, glass and steel refractory, metal castings and specialised glass. Also, Sillimanite is used in refractories

VV Minerals, India is part of a larger company known as VV Group of Companies, all owned by S. Vaikundarajan. VV Minerals also has other directors, namely, V. Subramanian, S Jegatheesan and J Muthurajan.

Illegal Beach Sand Mining Issue which was Taken Up In Supreme Court is Now Dismissed

The illegal beach mining allegations on VV Mineral chairman Vaikundarajan are now dismissed by the Supreme Court.

VV Minerals has been given the ‘green card’ by the Central government to enhance mineral export from India.

The private mineral exporter, one of the leading miners, processors and exporters of rare earth in the country is said to have received the export award for the last 22 years consecutively.

Receiving the award on behalf of VV Minerals, its chairman S. Vaikundarajan is said to have assured to ensure mineral mining within the norms stipulated by the state and the central governments.

He added that the company adhered to its responsibilities to people in the areas of its operation through its effective CSR programmes too. He added that VV Minerals had its top officials specially trained by the Department of Atomic Energy (DAE).

Source: Deccan Chronicle: http://www.deccanchronicle.com/131229/news-current-affairs/article/v-v-minerals-gets-green-card-centre

The Probe Ordered To Suspend Beach Mineral Mining In TN Is Now Concluded

The investigations are over at the accused premises in the illegal mining scam in Tamil Nadu. The alleged private companies have been proven innocent as no sufficient evidence has been found against any illegal activities or Thorium scam.  Illegal beach mining of minerals like garnet and ilmenite as well as Thorium is not conducted at VV Minerals.

VV Minerals, India owned by Mr. S. Vaikundarajan, was given the green chit by the central government according to a news report in Deccan Chronicle. The company has been given a go to enhance mineral export from India.

VV Minerals, India being the one of the biggest garnet exporters of India are also the very first private companies to export ilmenite from India. It is a family grown business started by Mr. S Vaikundarajan. The other eminent members involved in the top management of the company include Mr. J Muthurajan and Mr. V. Subramanian, both holding the Managing Directors chair. The company mainly deals with Zircon mining, rutile mining, garnet mining and ilmenite mining.

S. Vaikundarajan Not Under Scanner Any More For Illegal Mining Scam

Mr. S. Vaikundarajan, chairman of VV Minerals which was under scanner for illegal mining to the tune of Rs 96 crore is now declared innocent.

Recently there have been a couple of reports that are inferring that the mining ban implemented in Tamil Nadu for heavy mineral mining may be uplifted in the next month. The ban was put into action last year in August when there were allegations put up against certain private heavy mineral mining companies for mining of wrong minerals.

VV Minerals accused in the illegal sand mining is proven innocent.  Mr. S. Vaikundarajan, the owner of VV Minerals, India, was alleged in a beach mineral mining scam in August last year. However, after a detailed investigation by the Indian Bureau of Mines which is a part of the Ministry of Mines it was found that VV Minerals the largest mining manufacturer and exporter of garnet and ilmenite were innocent. The company’s top management includes Mr. Jegatheesan, Mr. J Muthurajan, and Mr. V Subramanian.