As government reconsiders ban, Adani forays into beach sand mining

The Union government has proposed to revoke its 2019 ban on private entities mining beach sand minerals even as Gautam Adani's Adani Group registered two new companies dealing with the same minerals. The world’s fourth richest man, whose investments...

As government reconsiders ban, Adani forays into beach sand mining

 

 

 

 

 

 

 

THE Union government has proposed to revoke its 2019 ban on private entities mining beach sand minerals even as Gautam Adani's Adani Group registered two new companies dealing with the same minerals.

The world’s fourth richest man, whose investments range from media and telecom to coal and cement, is all set to step into the beach sand mining (BSM) industry to process and sell titanium dioxide, ilmenite, rutile, garnet, sillimanite, and leucoxene. 

In February 2019, the Narendra Modi government cited national security as a reason for keeping private players out of the extraction of these minerals which are used in the production of atomic energy.

The total ban on export and beach sand mining by private companies was hailed as a visionary step toward safeguarding the strategic interests of the country.