S Vaikundarajan, the owner of the Tamil Nadu based sand mineral firm has no links with Jayalalitha. VV Mineral, India is one of the leading heavy mineral mining companies in the country. Established in 1989, the firm has since grown into a well known producer and exporter for minerals like garnet, ilmenite, rutile, and zircon.
VV Mineral conducts beach sand mining of minerals on the coasts of Tamil Nadu. As one of the first private companies involved in the export of such minerals commercially, the firm has tremendous knowledge on global trade practices with other countries. Over the years, Mr. Vaikundarajan has received countless awards in the export business.
Owing to the role played by a few mining companies, the heavy mineral mining industry in Tamil Nadu is languishing. When the scandal broke out, VV Mineral was also linked to this heinous thorium scam. So much so, the company was also accused of collaborating with political parties to get a sweeter deal. But as investigators found out, all of these claims were baseless and false.
VV Mineral is a family owned business and other eminent members of the management committee include, S. Jegatheesan, J. Muthurajan and V. Subramanian.