Madhumitha Jaganmohan
Research expert covering climate and environmental sustainability
Get in touch with us nowAs of 2023, the total global reserves of industrial diamonds amounted to an estimated 1.7 billion carats. At that point, Russia's diamond reserves were estimated to be approximately 860 million carats. Thus, the Russian diamond reserves are the largest worldwide. Almost half of the world’s mined diamonds are used for industrial purposes as rough diamonds. Industrial diamonds can be used in cutting, drilling, grinding, and polishing.
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