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Fascinating history! But, deBeers is NOT on the brink of extermination, is it? They must have made some backroom deals to keep naturally created diamonds afloat, as it were. And, marketing is essential in that, isn't it? Or, as suggested here, are there many naturally created diamonds on the market, or are most really man created? Very interesting.

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The story has been updated for clarity. It's inportant to add that the electricity required to manufacture perfect diamonds could be at nominal cost, over-capacity or even negative pricing. Russia spits out synthetic diamonds like a gum-ball machine; that's why import of Russian Diamonds to the EU has been banned. The cost to manufacture perfect diamonds and 28,000 year lifespan batteries will be "next to nothing". May 19, 2024 US lukewarm on G7 Russian diamond ban after industry backlash. The United States is re-evaluating the strictest elements of a ban on Russian diamonds from the Group of Seven major democracies https://www.reuters.com/markets/commodities/us-lukewarm-g7-russian-diamond-ban-after-industry-backlash-2024-05-17/

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