Diamond-Making Machine For Sale Online: Lab-Grown Gem Growth

In 1948, diamond firm De Beers launched a advertising and marketing marketing campaign with the slogan “A diamond is forever.” Fifty years later, the corporate created another campaign justifying the value of diamonds with the slogan, “Is not two months’ wage a small value to pay for one thing that lasts ceaselessly?”

Now, De Beers is aggressively cutting prices to carry gross sales up, and you should buy a diamond-making device for $200,000 on Alibaba.

It is a signal that diamond manufacturing is democratizing, reports Ars Technica.

Up to now 5 years, lab-grown gem gross sales have burgeoned and made the value of mined stones much less interesting, based on diamond knowledgeable Paul Zimnisky. The lab-grown diamond market was $13 billion final yr and is predicted to succeed in about $22 billion by 2031.

Ankur Daga, CEO of the wonderful jewellery firm Angara, estimated that half of all engagement rings offered this yr may have lab-grown stones, a major leap from 2% in 2018.

“The diamond business is in bother,” Daga told CNBC in June.

As of press time, pure 1-carat diamonds value round $4,000 whereas lab-grown diamonds of the identical weight go for round $620.

How a lab-grown diamond machine works

The 44-ton gadget makes use of high-pressure high temperature (HPHT) expertise to take a diamond seed, or a tiny diamond particle that begins the entire course of, and remodel it right into a lab-grown diamond. Alibaba focuses extra on business-to-business products, so the machine they’ve on the market would doubtless be purchased and utilized by an organization with specialised data.

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Lab-grown diamonds are up to 90% cheaper than pure diamonds and look exactly the same to the human eye. They’ll solely be advised aside with particular gear in a professional gemological lab.

In addition they do not carry the identical environmental and social concerns as naturally discovered diamonds, which should be mined in unsafe circumstances.

Even with this sort of progress, and machines just like the one offered by means of Alibaba, Zimnisky says that naturally-found diamonds will nonetheless have a spot sooner or later.

“Human want for uncommon and precious objects runs fairly deep inside us,” Zimnisky told NPR. “I do not assume that is going to, rapidly, change.”

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