CHARTS: The coming critical minerals trade war is BRICS short of a load
"While a large number of countries around the world continue to talk about securing raw material supply, China is actually doing something about it."
Well known retailer and jeweller Tiffany & Co is among 75 companies the trading arm of diamond giant De Beers has selected to sell uncut and unpolished diamonds. The agreements with so-called ‘sightholders’ stay in place for the three years:
De Beers’ trading arm holds 10 auctions a year, attended by prequalified buyers, or sightholders, that buy rough diamonds produced at De Beers’ mines in South Africa, Botswana and elsewhere. Sales of unpolished and uncut diamonds by DTC rose to $6.5 billion last year from $5.1 billion a year earlier.
