VV Mineral Brushing Off Allegations

Jun 1, 2016Download as PPTX, PDF0 likes92 views

Since the company has reached the pinnacle of sand mining industry, VV Minerals has been facing too many allegations and rumours. As per our sources, the competitors are not taking the success of VV Minerals very well, says S Vaikundarajan, Director of the company.

VV Minerals is a Tamil Nadu based beach-mining company
exporting the largest amount of Garnet and Ilmenite from
India. It has been growing under the guidance of VV
Mineral S Vaikundarajan.
http://vvmineral.wordpress.com

Ashish Kumar, the then district collector of Tuticorin in
Tamil Nadu, had conducted a raid on VV Minerals’ office. It
was exposed that he was involved with one of the
competitors and had planned the raid. The videos of Ashish
Kumar and the said competitors’ meeting were leaked and
Ashish Kumar was transferred in no time. Apparently,
Kumar’s earlier assignment too lasted for a short span of
only 45 days
http://vvmineralmining.wordpress.com

In another allegation, VV Minerals was accused of
exporting Thorium, a strategic nuclear fuel which is barred
from being exported. The problem simply was the
government’s rules and regulations, and the unnecessary
delay in passing the permissions for every minute thing.
Vaiundarajan said that presently VV Minerals did not have
the technology to separate Monazite from Ilmenite in the
sand.
http://vvmineral-mining.blogspot.in

Monazite particles contain Thorium. VV Minerals is still
seeking permission from the government to set up a plant
for separating Monazite and Thorium from Ilmenite.
Another point to be considered is that the government has
allowed a certain amount of Thorium content to be present
in the sand. Vaikundarajan assured that the Thorium
content found does not exceed the government’s given
limit.
http://vvmineralmining.blogspot.in

V.V. Minerals Blogs
http://vvmineralblog.wordpress.com
http://vvmineral.wordpress.com
http://vvmineralmining.wordpress.com
http://vvmineral-mining.blogspot.in
http://vvmineralmining.blogspot.in

Social Media
https://www.facebook.com/vvmineralmining
https://twitter.com/vvmineralsindia
https://plus.google.com/115427745398374600571

VV Minerals was established in 1989 by S Vaikundarajan and has grown into a profitable mineral export company over the past two decades. While the company has received national awards for its export contributions, in recent years it has faced allegations of illegal sand mining and corruption without evidence. An investigating committee found no proof of wrongdoing by VV Minerals. Vaikundarajan denies the allegations and believes they are an attempt to undermine his business by competitors.

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VV Mineral is an Indian company that has been mining coastal sands in Tamil Nadu and Andhra Pradesh for over 20 years, exporting garnet and illimenite which contribute significantly to state and national revenues. However, attempts by rivals to damage its reputation have led to increased governmental and media scrutiny of the company. VV Mineral asserts that it has operated legally and contributed greatly to the economy, denying accusations of illegal behavior without evidence. It views itself as capable of further helping India benefit from its coastal sand resources.

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In the wake of recent illegal beach sand mining allegations, the company has found itself under harsh criticism and scrutiny. The company’s hard earned reputation hangs by a thin thread despite no substantial proof to support any allegations. VV Mineral Vaikundarajan, however, insists that the company has operated within legal boundaries for over two decades. He further states that the allegation is a plot by competitors to defame the company.

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Under his tutelage, the company has grown many-fold. However, recently the company has found itself surrounded in a controversy. VV Minerals has been accused of illegal sand mining while concerns have been raised against Vaikundarajan for using his political connections to influence the system. District Attorney Ashwin Kumar and ex-IAS officer V Sundaram have been vocal in their allegations. In the letter written by the latter, Vaiundarajan is accused of looting Rs. 96,000 crore.

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VV Minerals India is one of the leading sand beach mining companies in the country. Recently, however, several allegations of illegal beach sand mining have surfaced against the company. Despite no substantial proof to support these allegations, the company’s hard earned reputation seems to have taken a hit. Vaikundarajan has stated that VV Minerals has operated within legal boundaries and the allegation is a ploy by competitors to defame the company.

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VV Mineral S Vaikundarajan is known to be a media shy person and prefers a low-key profile. Ever since the company has come under scrutiny for illegal sand mining, Vaikundarajan has been accused of using powerful political influence against the system. Several allegations have surfaced without any supporting evidence. VV Minerals India stays optimistic and states that his enterprise will soon walk clean.

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VV Mineral Vaikundarajan denies involvement in illegal sand mining and argues that the company holds legal documents authorizing its mining and export operations. However, the company has been accused of illegally exporting beach sand minerals worth Rs. 1 lakh crore. An investigation is ongoing into these allegations against VV Minerals, and Vaikundarajan believes the company will be cleared of any wrongdoing.

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VV Mineral Mining is a beach sand mining company founded in the 1980s that has grown to become a leading sand exporter. However, a former scientist raised concerns that the company was not properly handling monazite in its mines and operating without clearances. VV Mineral denied the allegations, stating it had followed all regulations over 20 years of operation. The company argued the allegations were an attempt to damage its reputation, and it has filed lawsuits in response that are pending in court.

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VV Mineral Vaikundarajan is a mining industry veteran and a businessman to land the first ever commercial mining license back in the 1980’s when he started VV Mineral. VV Minerals India is now over 20 years old and is commonly known as the forerunner of the mining industry in Tamil Nadu. However, the recent allegation pertaining to a suspected beach sand mining scam has brought VV Mineral Vaikundarajan under the scanner.

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An FIR has been lodged against entities alleged to be involved in illegal beach mining by an organization called Meenavar Viduthalai Iyakkam. The organization submitted a petition in the District Police Office in Tuticorin district seeking immediate action to stop illegal activities. Recently, there have been illegal sand mining allegations against VV Minerals India, the largest beach sand mining company in the country.

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V. v. mineral achievements and recognitionsshiva rajan

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A practice to extract rare earth minerals through mining process from open pits, beaches, river beds etc. is known as sand mining. These rare earth minerals consist of 17 chemical elements. These rare earth minerals generally consist of elements like ilmenite, rutile, garnet, zircon, sillimanite, leucoxene and monazite. They are used in manufacturing consumer products and high tech applications. Established in 1989, V. V. Mineral (VVM) is the largest manufacturer and exporter of rare earth minerals – ilmenite and granet. It is the first private ilmenite exporter in india. VVM have achieved noteworthy market share in Europe, the USA, Australia, East Asia and Middle East. VVM’s annual output is 7, 00,000 metric tonnes of heavy minerals, which includes garnet abrasive, ilmenite, zircon, rutile, sillimanite and leucoxene. VVM has been awarded with quite a number of awards.

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“Though India is home to 35% of global rare earth minerals and 71% of world’s monazite reserve, China dominates the rare earth supply of the world. With a slight change in the policies, India can be the world top player of rare earth minerals.” said S. Vaikundarajan, Managing Director and CEO of V. V. Minerals, the largest producer and exporter of ilmenite in India. “Keeping in mind the current demand of beach minerals owing to rapid innovation, the Make in India objective of the government won’t be so difficult to achieve.” Other industry experts have reiterated the Vaikundarajan’s thoughts on this matter.

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VV Mineral Brushing Off Allegations

1. VV Mineral Brushing Off Allegations

2. Since the company has reached the pinnacle of sand mining industry, VV Minerals has been facing too many allegations and rumours. As per our sources, the competitors are not taking the success of VV Minerals very well, says S Vaikundarajan, Director of the company. http://vvmineralblog.wordpress.com

3. VV Minerals is a Tamil Nadu based beach-mining company exporting the largest amount of Garnet and Ilmenite from India. It has been growing under the guidance of VV Mineral S Vaikundarajan. http://vvmineral.wordpress.com

4. Ashish Kumar, the then district collector of Tuticorin in Tamil Nadu, had conducted a raid on VV Minerals’ office. It was exposed that he was involved with one of the competitors and had planned the raid. The videos of Ashish Kumar and the said competitors’ meeting were leaked and Ashish Kumar was transferred in no time. Apparently, Kumar’s earlier assignment too lasted for a short span of only 45 days http://vvmineralmining.wordpress.com

5. In another allegation, VV Minerals was accused of exporting Thorium, a strategic nuclear fuel which is barred from being exported. The problem simply was the government’s rules and regulations, and the unnecessary delay in passing the permissions for every minute thing. Vaiundarajan said that presently VV Minerals did not have the technology to separate Monazite from Ilmenite in the sand. http://vvmineral-mining.blogspot.in

6. Monazite particles contain Thorium. VV Minerals is still seeking permission from the government to set up a plant for separating Monazite and Thorium from Ilmenite. Another point to be considered is that the government has allowed a certain amount of Thorium content to be present in the sand. Vaikundarajan assured that the Thorium content found does not exceed the government’s given limit. http://vvmineralmining.blogspot.in

7. V.V. Minerals Blogs http://vvmineralblog.wordpress.com http://vvmineral.wordpress.com http://vvmineralmining.wordpress.com http://vvmineral-mining.blogspot.in http://vvmineralmining.blogspot.in

8. Social Media https://www.facebook.com/vvmineralmining https://twitter.com/vvmineralsindia https://plus.google.com/115427745398374600571

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VV Mineral Brushing Off Allegations

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