SHOW DAILY by JNA • 8 NEWS JewelleryNet.com Day 2 • 19 September 2023 Greenlab Diamonds LLP wants to impress buyers with its expansive assortment of lab-grown diamonds (LGD) in exclusive cuts and designs alongside customisation services for buyers eyeing personalised jewellery pieces. Other highlights of the company’s product offerings are a collection of fancy colour LGDs in vibrant hues such as pink, blue, yellow and green as well as intricately designed lab-grown diamond jewellery pieces. According to Sanket Patel, director of Greenlab Diamonds, the company specialises in chemical vapour deposition diamonds in all sizes and clarity grades; loose LGDs and LGD jewellery; and larger parcel goods of more than 20 carats in a wide variety of shapes. “Lab-grown diamonds offer greater consistency and customisation,” remarked Patel. “LGDs can be produced with specific characteristics, allowing for better matching and customisation. They are also more affordable than their natural counterparts, making them a more accessible option for consumers.” Brazilian emerald specialist Belmont is aiming to fascinate visitors at Jewellery & Gem WORLD Hong Kong (JGW) with an exquisite assortment of polished emeralds sourced directly from its mine. According to Marcelo Ribeiro, president of Belmont, the vibrant colour, exceptional brilliance and superior cut of Belmont emeralds have sparked an increasingly enthusiastic response from Asian consumers, who have been exhibiting a growing appreciation for emeralds of Brazilian origin. While JGW welcomes buyers from many countries around the world, Asia’s growing interest for Brazilian emeralds opens significant opportunities for Belmont. “We anticipate new potential clients from Asia coming to our booth as we have been noticing an increasing interest in Belmont’s emeralds and the sustainable aspects of our operation,” said Ribeiro. And as Asian consumers are also increasingly interested in the sustainability credentials of their purchases, Belmont is highlighting its mine-tomarket chain of custody for its emeralds. Its drive for progress is indeed intertwined with its dedication to sustainability. Belmont has consistently been at the forefront of sustainable and responsible mining aimed at minimising its environmental footprint. It is currently in the process of installing a power plant designed to supply renewable energy for its entire operation. Innovation is likewise at the heart of its operations. The miner has invested in new laser sorting machines, which could help boost its processing capabilities threefold. Ribeiro noted, “This enhancement not only elevates our efficiency but also empowers us to provide the industry with an even greater quantity of emeralds of the highest quality.” Greenlab Diamonds is training its sights on buyers from Hong Kong as well as major jewellery retail chains from mainland China. So far, the US and Europe are driving the strongest demand for LGDs. “More Chinese consumers are seeking luxury products as the middle-class market continues to expand. This presents a valuable opportunity for LGD companies,” explained Patel. “Lab-grown diamonds offer a chance for buyers to own a high-quality diamond at a lower price point. This affordability factor is particularly appealing to the price-sensitive Chinese market.” Patel also expects stronger growth in the LGD sector, owing to rising consumer preference for ethical and sustainable jewellery and higher disposable income of target buyers. Emeralds from Belmont All lab-grown diamonds by Greenlab Diamonds LLP Belmont’s enchanting emeralds Radiant possibilities from Greenlab Diamonds Lab-grown diamonds can be produced with specific characteristics, allowing for better matching and customisation. They are also more affordable than their natural counterparts, making them a more accessible option for consumers.
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