VV Mineral has been working with minerals and exporting the best quality minerals to many countries. They have bought over the Transworld Garnet which is based out of the Srikakulam district and is a garnet exporter.
VV Mineral is glad about having taken over Transworld Garnet since it adds to the bouquet of our export and mining centres in Tamil Nadu, says Vaikundarajan, Chairman, VV Minerals.
Transworld Garnet was originally under the management held by WGI Heavy Minerals Inc which is a Canada-based mining company.
The Atomic Energy Regulatory Board, Go I has declared VV Mineral a forerunner among 6 other mining corporations in Tamil Nadu.
Transworld Garnet now as part of VV Minerals will be adding value over and above the existing export volume of 10.8 million tonnes of Ilmenite per year.
VV Mineral exports heavy minerals across the globe with a focus on Western Europe and Middle East. They manage to substantiate this volume of export via their 18 mini mineral processing centres spread across Tamil Nadu.
Managing Director and Group Chairman S.Vaikundarajan says, “Approximately 30% of total Ilmenite reserves are found in India.”
“What is even more interesting, 44% of India’s garnet reserves are in Andhra Pradesh and 90 percent of them are found in Srikakulam district,” he concludes.