Boreal Diamonds expects to expand the scope of the investment project related to the organization of production for the synthesis of single crystals of diamond and the manufacture of single crystal diamond products, dvinanews.ru writes.
As part of the implementation of the investment project, a high-tech production facility will be created in Arkhangelsk for the cultivation of single crystals of diamond and the manufacture of diamond products, which are widely in demand both by promising technological areas and the jewelry market, including such products as quantum sensors, ultra-pure diamonds, diamond tools, and polished diamonds. The opening of production is scheduled for 2024.
In addition, the company is considering the possibility of expanding the concept of the project and creating an industrial technopark on its own site. He will be able to unite producers of products made of synthetic or natural diamonds.
In order to create the infrastructure of the industrial diamond technopark and purchase equipment for collective use, the company expects to receive state support measures. Taking into account current prices for equipment, about 300 million rubles may be required for these purposes.
Alex Shishlo for Rough&Polished
Exclusive
Dmitry Fedorov: I want our jewelry to be displayed at a museum in the future
Dmitry Fedorov is the founder of the eponymous jewelry house. His main focus is the creation of Orthodox-inspired premium luxury jewelry of high artistic merit. He told Rough&Polished about his journey in the jewelry industry, about choosing the ‘Orthodox...
28 october 2024
Responsible business practices ‘no longer optional’, says WDC President Feriel Zerouki
The president of the World Diamond Council takes time out of her busy schedule to tell Rough&Polished readers about the critical work of the WDC. Zerouki, the first female present of the body, which includes all the important industry organizations among...
14 october 2024
James Campbell: Botswana Diamonds optimistic as it enters uncharted territory of using AI for mineral exploration
London-listed Botswana Diamonds has expressed optimism about the company’s use of artificial intelligence (AI) to scan the exploration database in Botswana to look for new mineralised deposits. Company managing director James Campbell told Rough...
07 october 2024
Artur Salyakayev: For me, happiness is freedom to make my ideas happen and create valuable products
Artur Salyakayev is an art entrepreneur, founder of the International Jewelry Academy (IJA) and the INCRUA jewelry company. He has initiated and developed successful projects in jewelry industry and services sector. He is also a leading expert...
30 september 2024
Paul Zimnisky: China key for sustained recovery in demand for natural diamonds, prices
The curtailing of upstream and midstream natural diamond production in the past months is starting to have an effect on prices, according to the New-York-based independent diamond and jewellery analyst and consultant, Paul Zimnisky. He told Rough & Polished’s...
23 september 2024
