Tuesday, 26 July 2016

Thorium Mining Allegations On VV Minerals Untrue, Says VV Mineral Vaikundarajan

The world’s largest reserve of Thorium can be found on the coasts of Tamil Nadu and Kerala. If the current reports are anything to go by, the Thorium deposits on Indian shores have seen a considerable decline. While the reason could be erosion, illegal export of minerals has been cited as the major problem behind this depletion.

For a long time, VV Minerals has been the highest stakeholder of the mining business in these areas. While there is no evidence to justify illegal actions on behalf of the company, the scam has already done a considerable amount of damage to its reputation.

Authorities at VV Mineral have a completely different story to tell. Company loyalists have stated that VV Minerals has been operating within legal boundaries for over two decades and the scam is only a plot by business rivals.

Even though the damage has been done, VV Mineral Vaikundarajan stays positive and believes that his company will come clean once the investigation reaches its conclusion.

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