Summary:
By Express News ServiceTHIRUVANANTHAPURAM: Industries Minister E P Jayarajan has ordered an inquiry into the alleged procurement of raw materials by state-owned Kerala Minerals and Metals (KMML) at Chavara in Kollam. Ilmanite produced from black sand is a raw material used for making titanium dioxide, a mineral composed primarly by KMML. “There is a huge conspiracy to destroy KMML which is among the best PSUs under the Industries Department,” said Jayarajan. The minister said the allegations were concocted by those who faced action for past irregularities in the organisation. KMML made a net profit of `163.29 crore in 2018-19 and a record profit of `181.11 crore in 2017-18..