Iran-Israel Conflict Poses Challenge to Diamond Sector: Top 10 Global Producers
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Iran-Israel War Threatens Diamond Industry, Top 10 Producers Revealed
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News18•20-03-2026, 13:17
Iran-Israel War Threatens Diamond Industry, Top 10 Producers Revealed
•The Iran-Israel conflict, escalating after an attack on Iran's South Pars gas field, is impacting global oil and gas prices and now poses a new challenge to the diamond industry.
•Russia leads global diamond production, contributing over 30% with its main company ALROSA and mines in Yakutia, Mirny, Jubilee, and Grib.
•Botswana ranks second, with its economy heavily reliant on diamonds, primarily from Debswana-operated mines in Jwaneng and Orapa.
•Canada, known for high-quality, environmentally compliant diamonds, is third, with production rapidly increasing in mines like Ekati, Gahcho Kué, and Diavik.
•The Democratic Republic of Congo (DRC) is fourth, producing large quantities of industrial diamonds in the Kasai region, while Australia, once the largest producer, is fifth, famous for pink diamonds despite declining output.
