The South China Morning Post writes that the dominant diamond player De Beers is reacting badly to the arrival of large numbers of good, tiny, lab-grown diamonds. The synthetics challenge the widely-promoted assertion that diamond prices only go up. However, labs are now able to produce chemically identical gem-quality stones, indistinguishable by the naked eye from mined diamonds, in quantities pushing 200k carats of diamonds per month. Synthetic diamonds still only account for %1 of rough diamond sales globally, but that is expected to expand to between 7.5% to 15% by 2020.
(Score: 2) by exaeta on Monday November 19 2018, @07:04PM
Lab grown diamond is real diamond. Synthetic diamond is real dimaond. Did you mean natural instead of real? Because synthetic diamonds are every bit as real as natural ones.
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