Illegal Sand Mining Over The Years Does Not Take A Toll On Tuticorin Coast: VV Mineral

 
The company which was accused of illegal sand mining gets a green chit from the government as no evidences of illegal beach mining were discovered. VV Minerals is owned by S. Vaikundarajan and has been a successful heavy mineral mining company for several years.

Mineral Sands, What Are They Exactly: VV Minerals Explains

Mineral sands are formed by the continuous depositions from the sea. It occurs when waves force minerals to be washed on shores and form placer deposits. Mineral sands are also known as heavy mineral sands are rich in contents of minerals such as Bauxite, Monazite, Rutile, Ilmenite, Zircon, Garnet and other minerals.

Such sand minerals are rare and are used in different industrial applications. Garnet is used in water jet cutting, Zircon is used in ceramics and Rutile is used in making of Titanium metal.

Only through the process of beach sand mining can one extract mineral sands. This engages in the basic process where sand is extracted manually and later taken to a separation plants. In the plants, they are separated as per their grades and magnetic properties. After the separation process, they are packaged and transported to different parts.

VV Mineral is a family owned business and other eminent members of the management committee include, S Jegatheesan, J Muthurajan and V Subramanian. One of India’s major contributor to heavy mineral mining is VV Mineral. They are based in Tamil Nadu but have their market shares in various parts of the world such as U.S., Australia, Europe and South Africa.

Why Monazite Is Importance For India

Add caption

The only commercial rare earth mineral India imports is Monazite. Leaving India in a particular position of leading in this type of mining. RN Patra, Chairman & Managing Director believes countries having rare earth resources are possessive regarding its free export and exploration by outsiders and as such acquiring these mineral assets overseas is a challenging task and needs support of the government for such acquisitions.

India has not made any progress and development in the field of monazite mining. The plan of buying mines in foreign countries too has come to a stand-still. The public sector has not sold radioactive Monazite mined in the last 10 years in Orissa.

Another reason for its lack of growth is that the rare earth industry in India is not a part of the non-proliferation treaty, making it harder for access in the global rare earth’s industry.

Depending on China for imports clearly is not moving in the right direction. Imports are costly as the supply of rare earth minerals is limited, with the Red State using exports of the rare earth mineral as a geopolitical tool. The profit earned in the year 2013 was half of what it was in the year 2008. This shows how poorly the industry is performing.

Other industries related rare earth mining is the heavy mineral mining industry. The key players are VV Mineral in Tamil Nadu owned by S. Vaikundarajan. They mainly deal with Zircon mining, Rutile mining, Garnet mining and Ilmenite mining.

V Subramanian, The Man Behind VV Minerals Success

Attaining success is a big hurdle to overcome. V Subramanian, Managing Director of VV Minerals has been widely instrumental in overcoming the same. A firm believer, in a child’s education, Mr. V Subramanian founded VV Charitable Trust to assist children by offering them free education. Known to pick the right investment, Mr. V Subramanian penchant of seeking such investments came to use for the benefits of VV Minerals.