Carnegie Institution seeks cut of rising lab-grown diamond sales

By Bloomberg      / January 10, 2020 / www.miningweekly.com / Article Link

WILMINGTON – The Carnegie Institution of Washington, which has been doing scientific research for more than a century, filed lawsuits in New York alleging its patents for growing diamonds in a lab are being infringed by some top makers of such gem stones.

The institute filed three complaints Thursday in Manhattan federal court against six companies, including Pure Grown Diamonds and IIa Technologies. Carnegie and M7D, which licenses the technology, said in the lawsuits that they are seeking cash compensation and court orders blocking unauthorized use of two patents.

Advertisement

Carnegie says its technology uses a chemical vapor deposition (CVD) process to control growth from a diamond seed, “atom by atom, to the highest purity and quality.” Sales of man-made diamonds have been increasing in recent years because many are offered at lower prices than similar gems from a mine.

“Grown or synthetic diamonds are chemically, physically and optically identical to mined diamonds,” Carnegie said in one complaint. “In fact, the Federal Trade commission has recently changed the definition of the term ‘diamond’ to remove the term ‘natural.’”

Advertisement

Pure Grown and IIa Technologies were sued in one complaint, while another was filed against ALTR and its parent, RA Riam Group. A third targets Mahendra Brothers Exports and its parent, Fenix Diamonds.

Recent News

Silver inventories rebound in UK, output from major producers rises

December 15, 2025 / www.canadianminingreport.com

Silver's three-month outperformance continues

December 15, 2025 / www.canadianminingreport.com

Silver & Copper Supply Distortions Continue

December 08, 2025 / www.canadianminingreport.com

Gold stocks down in risk-on shift

December 08, 2025 / www.canadianminingreport.com

Gold stocks rocket on metal rebound and equities jump

December 01, 2025 / www.canadianminingreport.com
See all >
Share to Youtube Share to Facebook Facebook Share to Linkedin Share to Twitter Twitter Share to Tiktok