The Market, Market Quotations and Sales
Posted by Lisa in D) The Market on 07. Nov, 2009 | No Comments
The Market US consumption of industrial diamonds was 666 million carats in 2008 estimated at over $300 million with only 2 producers. The Global market is roughly 3 times this amount and 40% of industrial diamond consumed is in the form of diamond dust. Main Applications: Abrasives industry – grinding, cutting, lapping and polishing Medical Industry [...]
The Industrial Diamond Industry
Posted by Lisa in Diamond Industry on 06. Nov, 2009 | No Comments
Industrial diamonds are valued mostly for their hardness and heat conductivity, making many of the gemological characteristics of diamond, including clarity and color, mostly irrelevant. This helps explain why 80% of mined diamonds (equal to about 100 million carats or 20,000 kg annually), unsuitable for use as gemstones and known as “bort”, are destined for [...]
