Press
Releases There is no substantial enhancement of heavy
mineral deposit in the coastal stretches of Tamil Nadu and Pondichery. However,
Tsunami has resulted in enhancement of nearly 0.46 million tones of llmenite and
0.03 million tones of Rutile in the known deposits of Chavara, Kerala.
Government
has allocated Rs. 99.50 crore for setting up a 500 tons per year titanium sponge
plant at Kerala Minerals and Metals Limited, Kollam based on the technology developed
at Defence Metallurgical Research Laboratory.
The beach sand mineral sector
has been liberalized and private sector is also encouraged to set up titanium
extraction plants.
This information was given by the Minister of State
in the Prime Ministers Office, Shri Prithviraj Chavan, in the Lok Sabha
today
Source : Press Information Bureau
Date : February 27, 2008 |