De Beers, the world's largest diamond producer under Anglo American, recently made the development of synthetic diamond technology a new target for the company.
As early as July of this year, "Glory" reported that Element Six, a subsidiary of De Beers, invested $94 million in the construction of a synthetic diamond factory near Portland, Oregon, USA. The synthetic diamonds produced at this factory will be widely used in the De Beers accessories in the future. (See: De Beers' $95 million synthetic diamond factory broke ground, with an annual production of 500,000 carats after completion)
In the past, researchers in the diamond industry have been looking for ways to efficiently synthesize synthetic diamonds, but there has been no breakthrough. The two main obstacles are the cost and production factors. After decades of experimental research, the technology for making synthetic diamonds is now mature. Chemical vapor deposition (CVD) technology provides a way to synthesize high-quality, low-cost synthetic diamonds and opens the door to potential new markets.
De Beers CEO Walter Huhn said synthetic diamonds made from CVD technology support Element Six's rapidly evolving laser, thermal and water applications business, as well as other applications in the quantum field, including computers, sensors and magnetometry. Wait. The potential of these technological achievements in the future is enormous. According to data from Crystal Market Research, the global synthetic diamond market (from jewelry to medical equipment) is expected to reach $28.6 billion by 2023, with a market value of about $15 billion in 2014.
According to industry analyst Paul Zimnisky, about 2 million carats of gem-quality synthetic diamonds will be produced worldwide this year, while 148 million carats of natural diamond rough can produce 60 million carats of gem-quality natural diamonds.
Dan Hutcheson, chief executive of VLSI Research, a California-based semiconductor research company, said that although synthetic diamonds are unlikely to replace silicon semiconductors on a large scale, they are more likely to be used in niche markets with annual output of tens of billions of dollars in thermal management of semiconductor packages. For example, supplying diamond-processed chips to Apple requires a larger mass production of higher quality synthetic diamonds.
Founded in 1946, Element Six is ​​the world's first professional company to use natural diamonds for industrial purposes. The company produced its first synthetic diamond in 1953 and officially joined the development of synthetic diamonds in 1969. It is the world leader in the design, development and production of synthetic diamonds. Its synthetic diamonds are priced at $800 per carat and are targeted to produce 500,000 carats of synthetic diamonds by 2020.
Other leading companies in the industry include New Diamond Technology in Russia, IIa Technologies in Singapore and Diamond Foundry in the United States.
In May of this year, "Glory" reported that De Beers announced the launch of a fashion jewelry company Lightbox Jewelry with synthetic diamonds, breaking the company's tradition of only doing natural diamond business for nearly a hundred years (see: Global's largest diamond manufacturer De Beers will launch Lightbox Jewelry, a fashion jewellery brand with synthetic diamonds. This shift reflects the needs of consumers on the one hand and the challenges of natural diamond mining on the other hand: the current price of natural rough diamonds has fallen by 20% compared to the record high in 2011, while the cost of synthetic diamonds It is steadily declining.
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