Results for: Lab-Grown Diamonds

Scientists have developed a breakthrough technique to synthesize diamonds at normal atmospheric pressure without requiring a starter gem. This method, detailed in the journal Science, opens up new possibilities for producing lab-grown diamonds more efficiently and on a larger scale. The process involves using a gallium-nickel-iron mixture and methane gas in a home-built chamber. The diamonds formed within just 15 minutes, although they are currently too small for jewelry applications. The researchers believe that further advancements could lead to significant commercial applications in various industries.

Surat’s lab-grown diamond industry, already grappling with oversupply issues, is facing further turbulence due to a steep price reduction by global diamond giant De Beers. The move has exacerbated the existing crisis, leading to increased competition and potential margin squeeze for local manufacturers. Industry experts believe De Beers’ strategic decision could trigger a ripple effect, forcing further price adjustments and consolidation within the Surat diamond sector.

Limelight Diamonds, the leading CVD diamond jewelry brand in India, has expanded its presence with a new store in Lucknow. Located in the vibrant Lulu Mall, the store showcases Limelight’s commitment to broadening its reach and offering its exquisite lab-grown diamond jewelry to a wider audience. With a growing network of over 10 stores and 40 shop-in-shops, Limelight continues to make its mark in the Indian jewelry landscape.

Scientists have developed a novel method to create lab-grown diamonds without the extreme pressure typically required. This technique, reported in the journal Nature, involves exposing a liquid of gallium, iron, nickel, and silicon to a carbon-rich methane gas at 1025° Celsius. The addition of silicon initiates the growth process, allowing diamond crystals to form without the need for a diamond seed. This breakthrough could simplify the production of diamonds for industrial and scientific applications.

Pascal, a direct-to-consumer diamond jewelry startup, has raised nearly $10 million in VC funding to make diamond jewelry accessible with lab-grown diamonds. These diamonds, chemically and physically similar to natural diamonds but costing one-twentieth of the price, will target the more affordable segment of the wider jewelry market, starting at as little as $70.