Diamond Foundry set to Open Lab Grown Factory in Spain

By John Jeffay / February 28, 2024 / www.idexonline.com / Article Link

(IDEX Online)  - Diamond Foundry, the Silicon Valley startup, says test production of lab growns at its new factory in Trujillo, Spain, will begin this autumn.It estimates output at more than 2m carats a year with 168 plasma reactors using its own patented CVD (chemical vapor deposition) method.The majority of the diamonds it produces will be for the automotive sector or 5G communication networks, but some will be gem quality for the jewelry sector.The 6,000m2 facility will be solar-powered, from a photovoltaic plant 5km away.Hollywood actor Leonardo Dicaprio, who stared in the 2006 movie Blood Diamond, is among Diamond Foundry's investors.Pic courtesy Diamond Foundry, shows plasma reactors.

Recent News

Mining stock ETFs slide, gold sector valuations high

March 16, 2026 / www.canadianminingreport.com

Rise in oil price a potential net gain for Canada

March 16, 2026 / www.canadianminingreport.com

Gold stocks slump partly on fears of cost increases

March 09, 2026 / www.canadianminingreport.com

Canadian provinces rank high in Fraser Institute Survey

March 09, 2026 / www.canadianminingreport.com

Major producers and most of TSXV gold see strong gains

March 03, 2026 / www.canadianminingreport.com
See all >
Share to Youtube Share to Facebook Facebook Share to Linkedin Share to Twitter Twitter Share to Tiktok