The Total Value Of Heavy Minerals Mined In India
India being the seventh largest country in the world has a coastline of more than 7000 kilometers. The great Indian peninsula is surrounded by water on all three sides. This gives India an edge over other countries that have no access to the oceans, for obtaining beach mineral reserves.
These beach minerals can be acquired using heavy mineral mining. One of the leading heavy mineral mining companies in India is VV Minerals. VV Minerals, India is based in Tamil Nadu. They conduct mining activities in the Gulf of Mannar. The minerals that are abundantly found in this area includes, ilmenite, zircon, rutile and garnet. The largest reserve is of ilmenite, which is as high as 348 million tones. The second largest reserve is of garnet, which are about 107 million tones. Rutile is estimated to be about 18 million tones and zircon is about 21 million tones. Sillimanite is another mineral found abundantly which makes up 130 million tones. Despite such extensive resources, the production to reserve (PRR) in India is a meagre 0.001% which is insignificant compared to countries having similar or even less resources. VV Minerals, India, is the largest garnet exported in the country, as well as the first private company to export ilmenite. It is a family grown business started by Mr. S Vaikundarajan. The other eminent members involved in the top management of the company include Mr. J Muthurajan and Mr. V. Subramanian, both holding the Managing Directors chair. The company basically deals with Zircon mining, rutile mining, garnet mining and ilmenite mining.
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Published on May 30, 2014
India being the seventh largest country in the world has a coastline of more than 7000 kilometers. The great Indian peninsula is surrounded...