VV Mineral's Vaikundarajan 96K Crore Scam Is A False Accusation

VV Mineral Vaikundarajan have repeatedly issued public statement stating the fact that they have no connections with any political party or person. They remain staunch on their stand of being an independent mining company being framed owing to their envious success.

The Thorium Scam Is More Real On Paper Than In Reality: VV Mineral

VV Minerals Vaikundarajan says that they were caught at a vulnerable and opportune time in the last 20 years when their licensing renewal was in a flux. However, even if the licensing reissuing has been deferred the thorium scam of the alleged illegal heavy mineral mining is a calculative conclusion on paper and does not have a shred of relation to the reality of the matter at hand.

VV Minerals was brought under the scanner at a time when the company had lapsed on renewing a few licenses. In the business world this may be viewed as just a one-off administrative slip-off.

However, owing to the success of the mining company in the last 2 decades which has been pricking their rivals and so many have come together to cause a successful defamation of the company and those involved.

VV Minerals India has been in the mining business for twenty years and is well aware of the benefits it has to offer in sense of business. However, they have always practiced caution in remaining well within the limits of legal laws.

As per a report submitted by Prof Rajamanickam the monazite from Manavalakurichi contains 12% thorium and that Manavalakurichi is home to world’s 30% thorium deposits. According to World Nuclear Association (WNA), the global body of nuclear industry, India is home to 3,00,000 tonnes of thorium deposit.

Thus, on paper strictly the value of the 30% thorium reserves of the world at Manavalakurichi is 720 times more than the 2G spectrum scam. This should thus prove that the figure of 96,000 crores which is attached to this alleged illegal mineral mining thorium scam is actually a calculated figure and has no existence in reality at all.

Another interesting point made by Prof. Rajmanickam is that the Department of Atomic Energy (DAE) controls the sand along the coastline because of the presence of elements like zircon, thorium and ilmenite out of which other than thorium all other minerals can be officially extracted and exported by anyone who holds a legal license to do so.

To prove that this is a definite framing of VV Minerals here’s a quote from a mineral scientist - H Nell’s research paper

“Heavy mineral deposits often contain relatively high levels of radioactive elements (thorium and uranium). It is difficult to obtain clean separation of ilmenite and monazite and physical intergrowths of the two minerals are not uncommon. As a result, ilmenite concentrates obtained from such deposits often contain high levels of thorium and uranium.”

Thus VV Minerals India wants to know that if monazite is an unavoidable byproduct of legal mining processed then what point of content is it on which they are basing their claims of a thorium scam?

Rs. One Lakh Crore Is A Grossly Exaggerated Amount For A Scam

Although it is understood that the heavy minerals that come under the alleged illegal heavy mineral mining scam are expensive and rare. It still does not make sense that the scam will amount to so much money. S Vaikundarajan of VV Minerals India has rubbished this claim and said even financial projections cannot scope out such a large amount of money to be involved.

We Are Selling Necessary Minerals To Markets Around The Globe

Introduction: S Vaikundarajan brings to everyone’s notice that the minerals that they extract and export are essentials in producing everyday household objects. He rubbishes the rumours about scamming the country for minerals that he was not even aware of until smeared with claims of an alleged scam. Which in addition to the matter, he is sure is an effort in defaming his enviably successful organisation, VV Minerals India

VV Mineral is a two-decade-old company and has been mining beach sand on the Kanyakumari, Andhra Pradesh and Tamil Nadu coasts. We don’t have the technology to separate thorium from monazite, a rare earth ore found in the area.

Even the Atomic Energy Regulatory Board (AERB) has put us in the clear on that matter. VV Mineral India extracts and exports garnet and ilmenite to 20 countries, including Australia and the US. 

Nuclear scientists in India have been working on an indigenous technology to utilise thorium, widely available on the southern sea coast, in nuclear power plants. And for the very same reason the Jawaharlal Nehru government has banned all private mining companies from extracting or dealing in a whole list of rare earths.

“VV Mineral does not process monazite if the government claims that it is automatically generated during the mineral separation process in the form of tailings then it is an aspect of mining that they should have thought of much earlier”, says Vaikundarajan.

Indian Rare Earth Ltd (IREL) on the other hand uses the sand from the same area and produces thorium in Manavalakurichi. 

“Without questioning IREL’s disposal methods, VV Mineral stopped receiving permits for mining but we have challenged the matter in the High Court,” , says Vaikundarajan.

Coastal Erosion Affected Tuticorin Coast And Not Heavy Mineral Mining

Coastal erosion is a natural phenomenon that cannot be disregarded or discounted. S Vaikundarajan throws light on the many reasons that can cause a shoreline in any part of the world to erode and succumb to natural and environmental changes rather than man made interventions like heavy mineral mining.

Vaikundarajan VV Mineral India says, “Coastal erosion is the wearing off of beach by wave action, drainage or high winds, tidal currents and or wave currents. Waves, generated whether by storms, winds, or fast moving motor crafts, cause coastal erosion.”

Such occurrences cause long-term loss of sand and rocks or a temporary redistribution of coastal sands in one location to another.

“Depending on whether the beach is sandy or rocky the erosion patterns will vary. Varying types of coastlines have varying types of erosion patterns”, says Vaikundarajan

A softer beach with sandier sediments causes that beach to erode easily. However, if a beach is rocky then it may cause in what is called beach expansion since the wave action converts rocks to sediments and then to sand.

Thus, rocky beaches seem to expand and soft sandy beaches seem to erode over long periods of time. The erosion of a coastline also depends on how much water the sand can hold. If a sandy beach does not restore water then more and more sand is washed off such a beach.

Thus Vaikundarajan concludes that VV Mineral India’s heavy mineral mining alone cannot be held responsible for the beach erosion caused on the Tuticorin coastline.

The Ambiguity in Naming The Other Culprits is Questionable: Says VV Mineral Vaikundarajan

S Vaikundarajan, Chairman of VV Minerals - a heavy mineral mining company which recently got pulled into a whirlwind scam regarding illegal heavy mineral mining; points out that other than his company no name of the “other companies” that are allegedly involved in the scam have been mentioned in the media. In his opinion this is directly suggestive of the false and malicious nature of the scam.

When VV Minerals of Tuticorin got pulled into the scam of illegal heavy mineral mining, its chairman S Vaikundarajan has continually defended their position with a simple premise of business rivalry.

Vaikundarajan opines, “If the government has been irresponsible and given out licenses to only  a select few big wigs in the mining industry then how is it that all reports read VV Minerals and a few other companies? Does this not clearly seem like an effort to sabotage our reputation?”

There is proof to prove the basis of this scam. There is no FIR registered in the local stations. We have every right to deny entry to any person walking in to our private property without proper permissions.

All our mining license have been gathered, proven to be legitimate and are all issued by legitimate government bodies too.

The local government regulatory boards are well aware of our activities concerning heavy mineral mining. However, labelling our business as that of illegal heavy mineral mining is absolutely absurd.

“We would request to know the names of these other companies. Since if only our company is involved, the matter cannot be regarded as a scam but an act is selective targeting”, concludes Vaikundarajan

Illegal Sand Mining Is Not A Problem In Tamil Nadu Alone, VV Mineral Vaikundarajan

The year 2013 was full of discoveries. A whole lot of illegal beach sand mining scams came to the surface and all involved by their own fault or others misunderstanding were brought under the governmental as well as the media radar. However, it is interesting to see that not Tamil Nadu but other states have also been suffering from alleged illegal beach mining.