Chinese retailers offload polished diamonds, adding to $2bn inventory pain for De Beers
- Posted on February 20, 2025
- By Fortune
- 4 Views
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Chinese retailers offload polished diamonds, adding to $2bn inventory pain for De Beers
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Anglo American's CEO says the headwinds from lab-grown diamonds were surmountable as owner writes down $2.9 billion of De Beers value.