- They are chemically, physically, and optically identical to mined diamonds. The only difference is the point of origin. Mined diamonds are formed inside the earth's surface, while lab-grown diamonds are created in the laboratory.
- They are eco-friendly and contribute to green environments. The production of lab-grown diamonds does not require the mining of natural resources, and it does not contribute to the environmental damage that is often associated with diamond mining.
- They are conflict-free. The production of lab-grown diamonds does not involve the use of child labour or forced labour, and it does not contribute to the funding of armed conflict.
- They are available in a wide variety of sizes, Colours, and cuts. Lab-grown diamonds can be grown to be any size, Colour, or cut that is desired.
- They are often more affordable than mined diamonds. The cost of producing lab-grown diamonds is significantly lower than the cost of mining diamonds.
- They have the same resale value as mined diamonds. The resale value of lab-grown diamonds is expected to increase in the future as they become more popular.
- The first lab-grown diamond was created in 1954. However, it was not until the 1990s that lab-grown diamonds began to be produced commercially.
- The two main methods for growing lab-grown diamonds are chemical vapour deposition (CVD) and high-pressure high-temperature (HPHT). CVD is the more common method, and it is used to grow smaller diamonds. HPHT is used to grow larger diamonds, but it is a more expensive process.
- Lab-grown diamonds are graded using the same 4Cs as mined diamonds: Colour, clarity, cut, and carat weight. However, the grading standards for lab-grown diamonds are not as well-established as the grading standards for mined diamonds.
- The demand for lab-grown diamonds is increasing. This is due to the growing awareness of the ethical and environmental benefits of lab-grown diamonds.