V. Subramanian, MD of VV Minerals, Mining Talks With Financialexpress Exclusive coverage on Indian Express 16th October 2014
BRIEF OVERVIEW OF THE HEAVY MINERALS MARKET IN INDIA
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Heavy Minerals Mining industry comprises mainly of ilmenite, zircon, rutile, garnet, and sillimanite is nascent in India http://vvmineralblog.wordpress.com
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The Atomic Energy Regulatory Board strictly regulates the HMM industry and in 1998 only this sector was opened up to the private players http://vvmineral.wordpress.com
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There is a demand-supply mismatch as we are unable to exploit our mineral wealth in a sustainable manner
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For example, although India holds 35% of global ilmenite reserves (more than 500 million tonnes), annual production is only about 800,000 lakh tonnes. Similarly, India has 71% of world monazite reserves, but regulatory caps prevent high production
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Although India possesses the World’s largest reserves of “Heavy Mineral sands” [~ 25- 28%], yet its exploitation is dismally low {~5- 6%}. USA, Australia and S.
Africa having only about 11 -12% reserves each, have >25% share in the exploitation of the beach mineral sands http://vvmineralmining.blogspot.in
About The Company
VV Mineral, mining is India's largest Manufacturer and Exporter of Garnet & Ilmenite
VV Minerals, India is the first private Ilmenite Exporter in India
They deal with zircon mining, garnet minng, ilmenite mining and rutile mining http://vvmineralblog.wordpress.com
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Privately owned by Mr. S. Vaikundarajan, and managed by his son Mr. V. Subramanian
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They are based in Tisayanvilai in Tamil Nadu and have a huge market share in Europe, Middle East, East Asia, Australia and the USA
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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
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