Lab grown diamonds are now available in Australia, and you can view their beauty and sparkle at Novita Diamonds in Parramatta. This company is Australia’s leading seller of lab grown diamonds. You can also learn more about their environmental impact and cost. Read on to discover more about this alternative to natural diamonds.
Despite starting his career in theater, Fishburne’s net worth mainly comes from his work in film and television.
Natural diamonds
Natural diamonds are a timeless element for an engagement ring. These stones are naturally formed millions of years ago in the earth. As a result, they have a unique sparkle and shine. The most classic and traditional diamond engagement rings have natural diamonds as the center stone. However, in the 21st century, it is possible to find engagement rings with lab grown diamonds as well. These stones are becoming increasingly popular with a growing number of couples.
A natural diamond is created deep inside the earth’s mantle under a huge amount of pressure and heat. The lab grown diamonds Parramatta diamonds are formed by the process of volcanic activity. These diamonds are naturally imperfect and contain inclusions. These diamonds are also naturally colored because they may contain trace amounts of boron or nitrogen. As a result, these diamonds have a yellow, blue, pink, or brown hue.
Natural diamonds are also extremely durable and a must-have element in an engagement ring. They are the most reliable and long-lasting stone. They rank ten on the Mohs scale of hardness and are the most durable of all gemstones.
Man-made diamonds
Compared to natural diamonds, man-made diamonds are cheaper and can be sold at a fraction of the cost of their natural counterparts. Additionally, they have a shorter supply chain, which reduces the costs for the end consumer. Additionally, man-made diamonds pass through fewer hands, so they are more environmentally friendly.
Although mined diamonds have been around for decades, man-made diamonds have only recently entered the jewelry market. Although mined diamond companies have criticized man-made diamonds, they are slowly becoming a viable alternative. Today, most major jewelry retailers sell lab-grown diamonds, including some high-end brands. This shift has helped lab-growns become more affordable and provides more margin for retailers.
A lab-grown diamond is manufactured from carbon dioxide molecules using cutting-edge technology. This process mimics the natural diamond growth process. The physical and chemical properties of a man-made diamond are identical to those of its natural counterpart, which is why the diamond industry calls them “real.” In addition, they do not require a long supply chain or complicated processes.
Environmental impact of lab-grown diamonds
Lab-grown diamonds are less expensive and safer to produce than mined diamonds. Diamond mining is a destructive process that destroys 100 square feet of land and produces 6,000 pounds of waste minerals every year. It also disrupts the ecosystem and creates breeding grounds for disease-carrying mosquitoes. Furthermore, mines are dangerous and expose workers to a variety of health hazards.
Mining for diamonds has been linked to industry foul play and violence. And while lab-grown diamonds are not sourced from conflict zones, they are still controversial. There’s not much transparency in lab grown diamonds the industry, and more than half of the world’s lab-grown diamonds are produced in China. Most of them are grown using a high-pressure, high-temperature process, whereas the other half are produced using a technique called chemical vapour deposition. As a result, many brands do not provide information about the origins of their diamonds.
The mining process of diamonds causes large amounts of greenhouse gas emissions, which harm the environment. These emissions come from the energy used in diamond mining, which is often fossil-fueled. Moreover, the water that is used to extract diamonds is polluted by the process. The chemical substances used in diamond mining also cause climate change.
Cost of lab-grown diamonds
The cost of lab-grown diamonds is relatively cheap compared to their natural counterparts. These diamonds have the same density and weight as a natural diamond and can be crafted into special sizes. The difference in price can be negligible as the size of the diamond is not a critical factor.
A one-carat mined diamond costs around $10,800 whereas a lab-grown diamond can be purchased for $6,500. This is a 40 percent savings and a pretty good deal, but it is still prohibitively expensive for most consumers. A one-carat lab-grown diamond will never compete with a De Beers diamond.
Remarks
A lab-grown diamond is an eco-friendly, ethically sourced stone that costs less than an equivalent-quality mined diamond. This type of stone is often a great option for engagement rings and keepsakes because they are usually larger and of higher quality. The International Gem Society (IGS) says that lab-grown diamonds are an excellent alternative to natural diamonds.
