September 10, 2020

What is the difference between Lab-Grown & Mined Diamonds?

Lab-grown diamonds are diamonds manufactured in a lab under the extreme heat & pressure like conditions through the process of HPHT & CVD. They share the same physical & chemical properties as mined diamonds. The carbon seed is placed inside the machinery and treated under extreme heat and pressure similar to nature like conditions.

Real or mined diamonds are formed by the natural process of heat, pressure, and time under the earth’s crust. The deep-set volcanic eruptions bring the mined diamonds closer to the earth’s surface. Real diamonds are then discovered through the mining.

Let us understand the difference between Lab-grown & mined diamonds in detail-

·         Place

The main differentiating factor between the man-made diamonds and mined diamonds is the place of “Origin”. Real or Mined diamonds are created under the earth’s crust as a result of geologic forces. Whereas, lab-created diamonds are manufactured in machinery in the lab through the process of HPHT & CVD.

·         Price

There is a huge difference between the prices of mined and man-made diamonds. Mined diamonds are valued at a very high price of its quality and rarity. Man-made diamonds cost at least 20-30% less than the mined diamonds because of the technological process involved in the creation. The process of creating a man-made diamond is comparatively easy and cheap as compared to the mined diamond.

·         Sustainability

Man-made diamonds are far more responsible and sustainable choice over mined diamonds as there is no mining, land degradation, or deforestation involved in creating a lab-created diamond. The earth displaced due to mining can never be restored. Mining results in soil erosion, sinkholes, loss of biodiversity, contamination of soil, ground & surface water due to chemical emissions.

Why Lab-Grown Diamonds Better Than Mined Diamonds?

·         Responsible & Green choice

Today’s customers are highly educated and believe in making eco-friendly choices. According to a survey, approximately 70% of the millennials are considering buying man-made diamond alternatives because they are green choice over mined diamonds. There are high humanitarian costs and environmental damage involved in the real diamonds. Also, lab-grown diamonds don’t involve hazardous mining practices and child labor, making it 100% conflict-free.

·         Pocket Friendly

Lab-grown diamonds will not result in a big hole in your pocket. They are comparatively 20-30% cheaper than the mined diamonds. The customers get the same quality in man-made diamonds as real diamonds. It becomes a great choice for those who are looking for affordable diamonds.

·         Fashion Statement

Millennials prefer lab-grown diamonds as they are a sustainable alternative. They consider every factor while buying and make a smart choice. The price point of man-made diamonds is ideal for a millennial to buy. The fashion adopted by millennials makes it a prevalent trend and shapes the demand for a particular product. So lab-grown diamonds are a kind of fashion statement as they are preferred by the majority of the millennials.

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