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VV Mineral Mining Criticizes Baseless Thorium Scam Allegations Against Company

World Nuclear Association (WNA), a global body of nuclear industry, reported that India hosts up to 3,00,000 tonnes of Thorium deposit. Unfortunately, the beach minerals in India have seen a significant decline in the last few years. Going by the reports, close to 2,00,000 tonnes of Thorium Oxide stands missing in India. Additionally, monazite quantity along the Indian coastline has seen a decrease by more than 2.1 million tonnes.<br><br>It is a known fact that VV Minerals India is one of the largest producer of Garnet an Ilmenite. When the reports of missing Thorium Oxide were circulated, naturally, fingers were pointed at one of the biggest exporters in India. The company finds itself surrounded by allegations concerning illegal beach sand mining as stakeholders scrutinize a possible scam.

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VV Mineral Mining Criticizes Baseless Thorium Scam Allegations Against Company

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  1. VV Mineral Mining Criticizes Baseless Thorium Scam Allegations Against Company

  2. World Nuclear Association (WNA), a global body of nuclear industry, reported that India hosts up to 3,00,000 tonnes of Thorium deposit. Unfortunately, the beach minerals in India have seen a significant decline in the last few years. Going by the reports, close to 2,00,000 tonnes of Thorium Oxide stands missing in India. Additionally, monazite quantity along the Indian coastline has seen a decrease by more than 2.1 million tonnes. http://vvmineralblog.wordpress.com

  3. It is a known fact that VV Minerals India is one of the largest producer of Garnet an Ilmenite. When the reports of missing Thorium Oxide were circulated, naturally, fingers were pointed at one of the biggest exporters in India. The company finds itself surrounded by allegations concerning illegal beach sand mining as stakeholders scrutinize a possible scam. http://vvmineral.wordpress.com

  4. “The mineral rich sand is getting washed away from the Indian coastline in the absence of mining, and as a result, Sri Lanka, located further down, is reaping rich benefits at the cost of Indian industry,” said Vaikundarajan, founder of VV Minerals India. “It is practically impossible for one company to pull off a scam of such extent. This allegation against VV Minerals is a plot by business rivals,” he adds. http://vvmineralmining.wordpress.com

  5. India is under the threat of losing its thorium rich status due to the rising water-level caused from global warming. V Narayanasamy, Minister of State in the Prime Minister’s Office in LokSabha was quoted, “Indian Rare Earths Ltd (IREL), a public sector undertaking under the Department of Atomic Energy (DAE), is the only company exporting Monazite. http://vvmineral-mining.blogspot.in

  6. Ilmenite, Rutile, Leucoxene, Garnet, Sillimanite and Zircon are separated from beach sands and these individual heavy minerals — free of Monazite — are being exported. No licence or permission is required from DAE for these substances due to the delisting of Ilmenite, Rutile, Zircon etc. from the list of prescribed substances”, said V Narayanasamy. http://vvmineralmining.blogspot.in

  7. The State Government has set up an investigation team to look into the matter. Meanwhile, VV Mineral Vaikundarajan has openly supported the investigation and believes that the results will be in the company’s favour. http://vvmineralblog.wordpress.com

  8. 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

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

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