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As per some reports, the thorium deposit on the coasts of Tamil Nadu and Kerala have seen depletion over the last few years. The two states are well-known for being world’s largest reserves of Thorium.<br><br>The reason for this depletion has been cited as one of the biggest illegal beach mining scam by some companies. However, evidence confirming the same are missing from the scene.
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VV Mineral Is Not a Part Of Thorium Scam. No Evidence To Prove This
As per some reports, the thorium deposit on the coasts of Tamil Nadu and Kerala have seen depletion over the last few years. The two states are well-known for being world’s largest reserves of Thorium. http://vvmineralblog.wordpress.com
The reason for this depletion has been cited as one of the biggest illegal beach mining scam by some companies. However, evidence confirming the same are missing from the scene. http://vvmineral.wordpress.com
Chairman of ACACI (Action Committee Against Corruption in India), Subramanian Swamy, stated in an interview, “All sorts of private companies are operating in these areas. After the Indo-US nuclear deal, the government seems to have forgotten about building our indigenous thorium technologies." http://vvmineralmining.wordpress.com
Former Atomic Energy Research Bureau (AERB), Dr A. Gopalkrishnan added, "Thorium is indeed central to any of the Bhabha plans which the government may not be very serious about right now." http://vvmineral-mining.blogspot.in
One company finds itself in the midst of the scam. VV Minerals India has been accused of illegal beach sand mining. Being the highest stakeholder of mining business in these two states, it is not surprising that the company is being targeted. http://vvmineralmining.blogspot.in
VV Mineral S Vaikundarajan, founder, gave a fitting reply to these allegations, “We have established a mineral separation plant and approached the AERB for a license, which is awaited. On the other hand, there are players in the industry who don’t even bother about the regulations but have escaped such allegations owing to their political contacts.” The mineral separation plant has been specially set-up to extract thorium from the sand. http://vvmineralblog.wordpress.com
For the last two decades, VV Minerals India has worked within legal boundaries and has never been involved in any scam. The company is known for extracting and exporting garnet and ilmenite to over 20 countries. It has won several national awards for its contribution to the export business of the country. http://vvmineral.wordpress.com
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