MatureDJ
Master Don Juan
- Joined
- Apr 30, 2006
- Messages
- 11,298
- Reaction score
- 4,670
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Disco-Dancing German’s Secret Lab Could Disrupt Diamond Industry
Ingo Wolf is trying to spark demand for one of the rarest elements on the planet.
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Osmium crystals, which, unlike diamonds, can form only in laboratory settings, have stronger abrasion resistance and purportedly refract light at greater distances than the traditional engagement ring gemstone.
“Will Osmium Be Girls’ New Friend?” The crux of his pitch is that diamonds are overvalued as gemstones, at least relative to what he’s selling.
my opinion: It's OVER for CarbonCels.In his assessment, there’s only 9 cubic meters of osmium left in the Earth, merely 2 of which can be mined. When these resources are depleted, he imagines prices will skyrocket. “It’s a natural and economic monopoly,” he says, adding that there are no rival commercial applications for the element beyond jewelry except for some tiny quantities used in microscopy and medical treatments, fountain pen tips, and compass needles.