VV Mineral Vaikundarajan Offers Complete Support To The Investigating Team

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The low faith shown by Fishermen United Front in judiciary is yet unclear. Vaikundarajan, chairman of VV Minerals India, has also been accused of having political relations with the CM. While there is no evidence to prove so, fingers are being pointed at the founder of VV Minerals.

News & Politics

VV Mineral Vaikundarajan Offers
Complete Support To The
Investigating Team

A CBI inquiry has been sought by members of
Fishermen United Front into the illegal beach sand
mining. Director Secretary of the Front, A. Subash
Fernando quoted that the coastal population had little
faith in the inquiry team set up by CM Jayalalitha.
http://vvmineralblog.wordpre
ss.com

The low faith shown by
Fishermen United Front
in judiciary is yet
unclear. Vaikundarajan,
chairman of VV Minerals
India, has also been
accused of having
political relations with
the CM. While there is no
evidence to prove so,
fingers are being
pointed at the founder of
VV Minerals.
http://vvmineral.wordpres
s.com

VV Minerals was founded in late 1980s and is
based out of Manavalakurichi in Kanyakumari
district. The company has been alleged of
monopolizing the mining industry.
Vaikundarajan has publicly thwarted these
allegations as a defamation scheme by rival
mining industries.
http://vvmineralmining.wordpr
ess.com

Two former IAS officers
have accused VV
Minerals of engaging in
illegal beach sand mining
in the southern districts.
Some government
officials at the heart of
investigations are said to
have been transferred or
demoted. Several
fishermen in the region
have threatened to leave
their houses.
http://vvmineral-
mining.blogspot.in

VV Mineral Vaikundarajan, however, stands firm by his
company that has operated within legal boundaries for
over two decades. He insists that the allegations hold
no credence and states that the threats are uncalled
for. “We have complete faith in the judiciary and
believe the investigation will do its job. We lend our
complete support to the investigating team,”
Vaikundarajan added.
http://vvmineralmining.blo
gspot.in

V.V MINERAL BLOGS
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ss.com
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s.com
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ess.com
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mining.blogspot.in
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gspot.in

SOCIAL MEDIA
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Following several allegations of illegal beach mining against some companies, the state government has set up an investigating team to probe into the matter. Vaikundarajan, Managing Director of VV Minerals India, is accused of using political connections over the matters concerning illegal mining activities. None of these allegations are supported by strong evidence. The company has assured to have carried all mining activities with legal boundaries.

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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.

VV Mineral Shows Faith In Judiciary, Expects Results In Company’s Favour

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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 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.

CBI Asked To Be Involved In Alleged Illegal Beach Sand Mining Claim

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VV Mineral Vaikundarajan reveals that his competitors will go to any lengths to deface VV Minerals. He says first they got the collector of Tuticorin to claim an illegal beach sand mining scam. Then they alleged VV Minerals has connections with politicians and now they claim that the committee set up by the state government may be on its way to give us acquittal. However, none of it has any roots in reality.

VV Mineral Vaikundarajan Stays Optimistic In Illegal Mining Case

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We Have The Legal Documents To Mine And Export VV Minerals India

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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.

VV Mineral Vaikundarajan Discards All Allegations Against Company As Baseless

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An organization filed a complaint against several mining companies for alleged illegal beach mining. The state government suspended mining activities and launched an investigation. VV Minerals, the largest beach mining company, denies the allegations as baseless and claims the company has operated legally for 20 years. The company head believes the investigation will clear the company of any wrongdoing.

Allegations Against Company Are Without Any Proof – VV Mineral

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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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Viapar is a coastal village in the Tuticorin district of Tamil Nadu. Recently, the village has been troubled by heavy beach erosion. This erosion has been said to have occurred from illegal beach mining across the region. VV Minerals has been held responsible for this erosion without any evidence. It is alleged that the 20 year old company has encroached 30 hectares of government land and other mining lease violations.

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VV Mineral Vaikundarajan Denies Involvement In Illegal Sand Mining

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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.

VV Mineral Vaikundarajan Affirms That His Company’s Records Are Straight

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V. v. mineral achievements and recognitions

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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.

Make In India With Beach Minerals

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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.

Taxes leading to reduced gdp from mining sanjay pattnaik

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Mining involves numerous stakeholders, and hence, its revival depends on strong coordination not only between miners and the government, but also among the state and central governments. Foremost of all, the annual cap of 30 MT imposed by the Supreme Court needs to be removed to allow the industry to grow. India has the highest tax rates on minerals in the world. Effective tax-rate, the ratio of value of all amounts paid to the government to value of profits before taxes, is approximately 69% for operating mines in India compared to resource-rich nations like Canada (34%), Australia (40%), and South Africa (40%).

Underuse of Rare Earth Minerals

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As per industry reports, the rare earth industry in India is underused and lies wasted. The Indian Rare Earth Industry is worth Rs. 90,000 crore of annual turnover. As per estimates by Beach Minerals Producers Association, the industry can net a capital employment of about Rs 121,000 crore. The rare earths found in India are one of the most significant ones. Collectively called Beach Sand Minerals (BSM), they include Ilmenite, Sillimanite, Garnet, Zircon, Monazite and Rutile and amount for almost 35 per cent of the world’s total beach sand mineral deposits.

Vaikundarajan appreciates Rai’s decision

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B. Ramanath Rai, Minister for Forests, Ecology and Environment, ruled out any involvement of members of political parties in illegal sand mining in Dakshina Kannada. Mr. Rai boldly dismissed the allegations in a matter of fact way by sayng, “I cannot accept bland statements that the sand mafia is active here. If there are any political party workers involved in illegal sand mining, provide specific details about the person. Action will certainly be taken against them. The party men who are engaged in sand mining are those who have been doing so for over several years now with authorised permits.”

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Goa Government Lifts Mining Transportation Ban

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VV Minerals Asked To Re-submit The Draft Scheme

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The Madras High Court addressed by Chief Justice Sanjay Kishan Kaul and Justice TS Sivagnanam set aside an order quashing the rejection of mining scheme of one of the leading mining companies VV Minerals and Transworld Garnet India. The court noted that the order issued by the Single Bench was bereft of any reason and did not deal with the respective submissions of the learned counsel for the parties.

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Thorium mining allegations on vv minerals untrue, says vv mineral vaikundarajan

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The document discusses allegations of illegal thorium mining against VV Minerals in Tamil Nadu and Kerala, where the largest thorium reserves in the world are located. While some accuse the company of illegally exporting minerals, VV Minerals claims they have operated legally for over 20 years and the allegations are a plot by business rivals to damage their reputation. The company chairman believes an investigation will clear VV Minerals of any wrongdoing.

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VV Minerals, a mining company founded in the 1980s, has faced allegations of illegal beach mining but claims it will be cleared of all accusations. While a district collector initially raised concerns about the company's involvement in a scam, an investigation found no evidence and the collector was transferred. VV Minerals denies the allegations and accuses rivals of conspiring against the company. The company's director asserts that their hands are clean and they will soon be cleared of all allegations.

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