Monday, 30 May 2016

VV Minerals India Shoreline Erosion In Tuticorin Is Not Because Of Illegal Beach Mining
It seems like the allegations put on VV Minerals India are only making it stronger by the day. VV Minerals is the highest Garnet and Ilmenite mining and producing company in India. Recently, a lot of questions have been raised against the company alleging the company’s involvement in illegal beach mining. VV Minerals has taken the legal route against such allegations and rumours. All the court battles to this day are in favour of VV Minerals and the company thinks it will continue to do so.

VV Mineral was raided by District Collector Ashish Kumar on August 6th and no solid proof was found to prove it guilty. However, it was proved that Ashish Kumar was involved with one of the competitors who was trying to harass VV Minerals and malice its reputation.

VV Minerals spokesperson, speaking to NDTV, denied these allegations and claimed that the "charges made by the former District Collector are baseless, motivated and vague."

VV Mineral Mining is the most trusted exporter of minerals like Garnet and Ilmenite. Thus VV Minerals has almost enjoyed 100% monopoly in Ilmenite mining and also had a giant share for exploiting Garnet. This obvious fact is being misused by the competitors.

VV Minerals’ Director, V Subramanian, dismisses all allegations as a conspiracy by its business rivals.

"Sundaram is passing this as a cruel joke. He is on the payroll of our business rival... Our hands are clear. We will come out clear from these allegations. Our records are straight," Ravindram Duraiswami, advocate for VV Minerals India told NDTV.

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