V. Subramanian, MD of VV Minerals, Mining Talks With Financialexpress

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.

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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

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VV Mineral, mining is India's largest Manufacturer and Exporter of Garnet & Ilmenite

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VV Minerals, India is the first private Ilmenite Exporter in India

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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

http://vvmineral.wordpress.com

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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