The sands in India are not just mineral rich but are also home to the largest deposits of heavy mining minerals. India’s mining laws have been slow on progress that will keep the Indian mining industry abreast with the global heavy mineral demand says VV Mineral Vaikundarajan.
VV Minerals India is over two decades old and is now brought under the scanner for involvement in an alleged illegal mining thorium scam.
The matter at hand is sensitive and marred by legal grey areas. The laws around mining and mining of heavy minerals are stringent and despite VV Minerals best efforts they have now been shrouded by an alleged illegal mineral mining scam.
The districts of Tirunelveli and Tuticorin have been heavily concentrated upon amid all the reports around the alleged illegal heavy mineral mining scam.
The alleged beach sand mining scam has brought to fore several issues in governance of heavy mineral mining in India.
VV Minerals India claims that all their licenses are up-to-date and in the wake of the alleged scam they were forcibly taken away from the company’s office during a sudden flash attack.
VV Mineral Vaikundarajan has challenged the matter in the High Court and is awaiting a positive outcome on the matter.
The mineral gold in the sands of India remains untapped and the GoI is willingly sitting on this treasure with no regards for the fast progressing heavy mineral mining export industry and the general global demand of heavy minerals owing to its wide applicability.
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