V Subramanian, Director of VV Minerals spoke to Tribune India about heavy minerals market in India. “The market size of heavy minerals is around 1.2 million tonne worldwide and 700000 tonne in India,” he informs. Though India has 40% of world’s total reserve, the production contribution as compared to world market is less than 5%.

1. VV Mineral India Director In
Conversation With Tribune
India

2. V Subramanian, Director of VV
Minerals spoke to Tribune India about
heavy minerals market in India.
http://vvmineralblog.wordpress.com

3. “The market size of heavy minerals is
around 1.2 million tonne worldwide
and 700000 tonne in India,” he
informs. Though India has 40% of
world’s total reserve, the production
contribution as compared to world
market is less than 5%.
http://vvmineral.wordpress.com

4. The reason for this difference, V
Subramanian says, is mining lease
approval process where 26 different
government departments are involved.
The process takes roughly 7-8 years.
http://vvmineralmining.wordpress.com

5. “Beach sand industry easily generates
forex in the tune of Rs 3500-4000 crore
each year,” he says. VV Minerals, which
was founded by Vaikundarajan in late
1980s generates garnet (750,000 tonne
per year), ilmenite (11 lakh tonne per
year), zircon (50,000 tonne per year),
rutile (35,000 tonne per year) and
silimanite (60,000 tonne per year).
http://vvmineral-mining.blogspot.in

6. Speaking on future demands, he says,
“These minerals are used for making of
welding electrodes. India imports almost 1.5
lakh tonne of titanium dioxide for
production which is still less than actual
consumption. The consumption level could
grow 5-10 times considering that we
consume 400gm per head of population as
compared to USA’s 4kg per head.”
http://vvmineralmining.blogspot.in

7. V.V. MINERAL BLOGS
http://vvmineralblog.wordpress.com
http://vvmineral.wordpress.com
http://vvmineralmining.wordpress.com
http://vvmineral-mining.blogspot.in
http://vvmineralmining.blogspot.in

8. SOCAIL MEDIA
https://www.facebook.com/vvmineralmining
https://twitter.com/vvmineralsindia
https://plus.google.com/1154277453983746
00571