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942019 Andhra Pradesh renews moves to exploit beach sands - The Hindu BusinessLine
httpswwwthehindubusinesslinecomnewsnationalandhra-pradesh-renews-moves-to-exploit-beach-sandsarticle21043563ece1 15
National
Andhra Pradesh renews moves to exploitbeach sandsM Somasekhar Hyderabad | Updated on March 12 2018 | Published on May 04 2015
0
The Andhra Pradesh Government has unveiled big plans to dig into itsrich heavy mineral beach sand reserves to foster the growth of mineral-based and value-added industries
The State has identied Srikakulam district whose beach sands alongthe coastline consist of Ilmenite Rutile Zircon Garnet Monazite amongother minerals
Call for investment
State-owned AP Mineral Development Corporation (APMDC) has calledfor a global expression of interest for setting up an integrated project for
942019 Andhra Pradesh renews moves to exploit beach sands - The Hindu BusinessLine
httpswwwthehindubusinesslinecomnewsnationalandhra-pradesh-renews-moves-to-exploit-beach-sandsarticle21043563ece1 25
development of heavy mineral beach sands in a joint venture It coversexploration and mining mineral separation as well as value-addedplants for the minerals with the last date as May 30 In the JV theCorporation will contribute to the equity in the form of mining leasesboth land-owned and acquired and sweat equity for facilitating variousstatutory clearances in addition to equity infusion
According to existing rules the Corporation has to hold a 75-per-centequity while in the mineral separation and value addition the privatepartner can hold a majority stake A separate special purpose vehicle andequity structure can also be worked out said V Girija Shanker Vice-Chairman and Managing Director
Ilmenite is an important ore in making Titanium dioxide pigmenttitanium sponge titanium chloride and titanium metal These value-added products have extensive use in industries he told BusinessLineThe Corporation plans to offer leases in four areas with signicantdeposits in Srikakulam district
Areas identied
The rst area consists of the villages of Kuppili Kotapalem and Mentadawhere an area of 1284 hectares with estimated reserves of 234 milliontonnes have been established The second area is of Koyyam Bouthtaand Koduru with 1049 hectares and 141 million tonnes and the third isof Kuppili and Koyyam villages consisting of 1000 hectares and 1099million tonnes
The fourth and nal area is of Dharamavaram Bonthala and Konduruvillages where exploration has to be done An earlier attempt to exploitbeach sands in Visakhapatnam Vizianagaram and Srikakulam by the YSRajasekhara Reddy government in 2006 had ended in a majorcontroversy
942019 Andhra Pradesh renews moves to exploit beach sands - The Hindu BusinessLine
httpswwwthehindubusinesslinecomnewsnationalandhra-pradesh-renews-moves-to-exploit-beach-sandsarticle21043563ece1 35
Published on May 04 2015
The multi-million dollar mining project involving top Indian politiciansa Ukranian billionaire and his business conglomerate and Indian-originUS residents was reportedly scrapped in November 2014
The AP Government had signed an MoU with Bothli Trade a SwissCompany in 2006 DF Group ndash part of the conglomerate ndash based out ofthe British Virgin Islands had offered to set up production facilities withinvestments of about ₹4500 crore They were allocated mining leases inSrikakulam and Vizianagaram districts
null
metal and mineral Andhra Pradesh
0
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The Hindu Businessline
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942019 Andhra Pradesh renews moves to exploit beach sands - The Hindu BusinessLine
httpswwwthehindubusinesslinecomnewsnationalandhra-pradesh-renews-moves-to-exploit-beach-sandsarticle21043563ece1 45
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942019 Andhra Pradesh renews moves to exploit beach sands - The Hindu BusinessLine
httpswwwthehindubusinesslinecomnewsnationalandhra-pradesh-renews-moves-to-exploit-beach-sandsarticle21043563ece1 55
The Hindu Businessline
LCR Health | Sponsored
Gundry MD Total Restore Supplement | Sponsored
Ultimate Pet Nutrition | Sponsored
Top Doctor Warns Against Abdominal ldquoDeeprdquo Fat (And How To Get Rid Of It)
US Cardiologist Its Like a Pressure Wash for Your Insides
If Your Cat Eats Wet Food (Do This Daily)
942019 Andhra Pradesh renews moves to exploit beach sands - The Hindu BusinessLine
httpswwwthehindubusinesslinecomnewsnationalandhra-pradesh-renews-moves-to-exploit-beach-sandsarticle21043563ece1 25
development of heavy mineral beach sands in a joint venture It coversexploration and mining mineral separation as well as value-addedplants for the minerals with the last date as May 30 In the JV theCorporation will contribute to the equity in the form of mining leasesboth land-owned and acquired and sweat equity for facilitating variousstatutory clearances in addition to equity infusion
According to existing rules the Corporation has to hold a 75-per-centequity while in the mineral separation and value addition the privatepartner can hold a majority stake A separate special purpose vehicle andequity structure can also be worked out said V Girija Shanker Vice-Chairman and Managing Director
Ilmenite is an important ore in making Titanium dioxide pigmenttitanium sponge titanium chloride and titanium metal These value-added products have extensive use in industries he told BusinessLineThe Corporation plans to offer leases in four areas with signicantdeposits in Srikakulam district
Areas identied
The rst area consists of the villages of Kuppili Kotapalem and Mentadawhere an area of 1284 hectares with estimated reserves of 234 milliontonnes have been established The second area is of Koyyam Bouthtaand Koduru with 1049 hectares and 141 million tonnes and the third isof Kuppili and Koyyam villages consisting of 1000 hectares and 1099million tonnes
The fourth and nal area is of Dharamavaram Bonthala and Konduruvillages where exploration has to be done An earlier attempt to exploitbeach sands in Visakhapatnam Vizianagaram and Srikakulam by the YSRajasekhara Reddy government in 2006 had ended in a majorcontroversy
942019 Andhra Pradesh renews moves to exploit beach sands - The Hindu BusinessLine
httpswwwthehindubusinesslinecomnewsnationalandhra-pradesh-renews-moves-to-exploit-beach-sandsarticle21043563ece1 35
Published on May 04 2015
The multi-million dollar mining project involving top Indian politiciansa Ukranian billionaire and his business conglomerate and Indian-originUS residents was reportedly scrapped in November 2014
The AP Government had signed an MoU with Bothli Trade a SwissCompany in 2006 DF Group ndash part of the conglomerate ndash based out ofthe British Virgin Islands had offered to set up production facilities withinvestments of about ₹4500 crore They were allocated mining leases inSrikakulam and Vizianagaram districts
null
metal and mineral Andhra Pradesh
0
COMMENTS
The Hindu Businessline
The Hindu Businessline
Corporation Bank Ofcersrsquo Organisation unhappy over merger plan
Bank employees stage protest against Centrersquos merger plan
The Weekly Brief | Mack Weldon | Sponsored
Gundry MD | Sponsored
Heres Why Guys Are Obsessed With This Underwear
Calling All Carnivores There Is One Protein That Could Restart Your Slow Metabolism AndNo Its Not Fish
942019 Andhra Pradesh renews moves to exploit beach sands - The Hindu BusinessLine
httpswwwthehindubusinesslinecomnewsnationalandhra-pradesh-renews-moves-to-exploit-beach-sandsarticle21043563ece1 45
HomeAdvisor | Sponsored
Dont Do It Yourself - Hire a Handyman from Emington for Your Home Projects
The Hindu Businessline
The Hindu Businessline
The Hindu Businessline
Was the exclusion of four banks a political gameplan
Govt banks on big bang mergers as GDP tanks
PSBs gross NPAs down to Rs 79 lakh cr FM Nirmala Sitharaman
BOMBAS | Sponsored
Gundry MD | Supplements | Sponsored
Doing Summer Socks Right
Top Cardiologist Its Like Giving Your Body A New Battery
Dr Marty ProPower Plus Supplement | Sponsored
ella+mila | Sponsored
Alarmcom | Sponsored
3 Dangerous Foods People Feed Their Dogs (Without Realizing It)
This warm color is perfect to wear year round
What Consumers Should Know About Their Home Security Cameras
The Hindu Businessline
Abhinandan Varthaman ies MiG 21 jet with IAF Chief in Pathankot
ISRO Separation of moon lander Vikram successful
942019 Andhra Pradesh renews moves to exploit beach sands - The Hindu BusinessLine
httpswwwthehindubusinesslinecomnewsnationalandhra-pradesh-renews-moves-to-exploit-beach-sandsarticle21043563ece1 55
The Hindu Businessline
LCR Health | Sponsored
Gundry MD Total Restore Supplement | Sponsored
Ultimate Pet Nutrition | Sponsored
Top Doctor Warns Against Abdominal ldquoDeeprdquo Fat (And How To Get Rid Of It)
US Cardiologist Its Like a Pressure Wash for Your Insides
If Your Cat Eats Wet Food (Do This Daily)
942019 Andhra Pradesh renews moves to exploit beach sands - The Hindu BusinessLine
httpswwwthehindubusinesslinecomnewsnationalandhra-pradesh-renews-moves-to-exploit-beach-sandsarticle21043563ece1 35
Published on May 04 2015
The multi-million dollar mining project involving top Indian politiciansa Ukranian billionaire and his business conglomerate and Indian-originUS residents was reportedly scrapped in November 2014
The AP Government had signed an MoU with Bothli Trade a SwissCompany in 2006 DF Group ndash part of the conglomerate ndash based out ofthe British Virgin Islands had offered to set up production facilities withinvestments of about ₹4500 crore They were allocated mining leases inSrikakulam and Vizianagaram districts
null
metal and mineral Andhra Pradesh
0
COMMENTS
The Hindu Businessline
The Hindu Businessline
Corporation Bank Ofcersrsquo Organisation unhappy over merger plan
Bank employees stage protest against Centrersquos merger plan
The Weekly Brief | Mack Weldon | Sponsored
Gundry MD | Sponsored
Heres Why Guys Are Obsessed With This Underwear
Calling All Carnivores There Is One Protein That Could Restart Your Slow Metabolism AndNo Its Not Fish
942019 Andhra Pradesh renews moves to exploit beach sands - The Hindu BusinessLine
httpswwwthehindubusinesslinecomnewsnationalandhra-pradesh-renews-moves-to-exploit-beach-sandsarticle21043563ece1 45
HomeAdvisor | Sponsored
Dont Do It Yourself - Hire a Handyman from Emington for Your Home Projects
The Hindu Businessline
The Hindu Businessline
The Hindu Businessline
Was the exclusion of four banks a political gameplan
Govt banks on big bang mergers as GDP tanks
PSBs gross NPAs down to Rs 79 lakh cr FM Nirmala Sitharaman
BOMBAS | Sponsored
Gundry MD | Supplements | Sponsored
Doing Summer Socks Right
Top Cardiologist Its Like Giving Your Body A New Battery
Dr Marty ProPower Plus Supplement | Sponsored
ella+mila | Sponsored
Alarmcom | Sponsored
3 Dangerous Foods People Feed Their Dogs (Without Realizing It)
This warm color is perfect to wear year round
What Consumers Should Know About Their Home Security Cameras
The Hindu Businessline
Abhinandan Varthaman ies MiG 21 jet with IAF Chief in Pathankot
ISRO Separation of moon lander Vikram successful
942019 Andhra Pradesh renews moves to exploit beach sands - The Hindu BusinessLine
httpswwwthehindubusinesslinecomnewsnationalandhra-pradesh-renews-moves-to-exploit-beach-sandsarticle21043563ece1 55
The Hindu Businessline
LCR Health | Sponsored
Gundry MD Total Restore Supplement | Sponsored
Ultimate Pet Nutrition | Sponsored
Top Doctor Warns Against Abdominal ldquoDeeprdquo Fat (And How To Get Rid Of It)
US Cardiologist Its Like a Pressure Wash for Your Insides
If Your Cat Eats Wet Food (Do This Daily)
942019 Andhra Pradesh renews moves to exploit beach sands - The Hindu BusinessLine
httpswwwthehindubusinesslinecomnewsnationalandhra-pradesh-renews-moves-to-exploit-beach-sandsarticle21043563ece1 45
HomeAdvisor | Sponsored
Dont Do It Yourself - Hire a Handyman from Emington for Your Home Projects
The Hindu Businessline
The Hindu Businessline
The Hindu Businessline
Was the exclusion of four banks a political gameplan
Govt banks on big bang mergers as GDP tanks
PSBs gross NPAs down to Rs 79 lakh cr FM Nirmala Sitharaman
BOMBAS | Sponsored
Gundry MD | Supplements | Sponsored
Doing Summer Socks Right
Top Cardiologist Its Like Giving Your Body A New Battery
Dr Marty ProPower Plus Supplement | Sponsored
ella+mila | Sponsored
Alarmcom | Sponsored
3 Dangerous Foods People Feed Their Dogs (Without Realizing It)
This warm color is perfect to wear year round
What Consumers Should Know About Their Home Security Cameras
The Hindu Businessline
Abhinandan Varthaman ies MiG 21 jet with IAF Chief in Pathankot
ISRO Separation of moon lander Vikram successful
942019 Andhra Pradesh renews moves to exploit beach sands - The Hindu BusinessLine
httpswwwthehindubusinesslinecomnewsnationalandhra-pradesh-renews-moves-to-exploit-beach-sandsarticle21043563ece1 55
The Hindu Businessline
LCR Health | Sponsored
Gundry MD Total Restore Supplement | Sponsored
Ultimate Pet Nutrition | Sponsored
Top Doctor Warns Against Abdominal ldquoDeeprdquo Fat (And How To Get Rid Of It)
US Cardiologist Its Like a Pressure Wash for Your Insides
If Your Cat Eats Wet Food (Do This Daily)
942019 Andhra Pradesh renews moves to exploit beach sands - The Hindu BusinessLine
httpswwwthehindubusinesslinecomnewsnationalandhra-pradesh-renews-moves-to-exploit-beach-sandsarticle21043563ece1 55
The Hindu Businessline
LCR Health | Sponsored
Gundry MD Total Restore Supplement | Sponsored
Ultimate Pet Nutrition | Sponsored
Top Doctor Warns Against Abdominal ldquoDeeprdquo Fat (And How To Get Rid Of It)
US Cardiologist Its Like a Pressure Wash for Your Insides
If Your Cat Eats Wet Food (Do This Daily)
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