Indian Rare Earths Ltd (IRE Ltd), a
Govt., Company mining the beach minerals and after processing they sold within
and outside India. Out of the seven minerals, monazite percentage is high in
the above 3 places, hence they build the factory there. In monazite, more than
70% are rare earth elements. A small
portion of Uranium less than 0.1% to 0.3% and Thorium 7% to 9%. Since Uranium and Thorium has radiation, this
monazite is a radioactive mineral. The reason for the exclusive right being
given to Indian Rare Earths Limited for handling these radio active substances
is borne out of the fact that these Uranium and Thorium have “radiation
effects” causing health hazards to the workers.
M/s.IREL has not shown much
interest in other areas in view of the
fact that the content of the radio active substance is relatively insignificant
and almost Nil. Since there was not much
demand for Garnet , Sillimanite, etc., minerals at those times , M/s.IREL did
not have keen interest in searching for those beach minerals.
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