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Mining Weekly reported that Element Six, a synthetic diamond supermaterials company owned by the De Beers Group of Companies, has launched legal action against IIa Technologies Pte. Ltd., a Singapore-based synthetic diamond producer.
Mining Weekly reported that Element Six, a synthetic diamond supermaterials company owned by the De Beers Group of Companies, has launched legal action against IIa Technologies Pte. Ltd., a Singapore-based synthetic diamond producer.
Element Six alleges that IIa has infringed on its patents on synthetic diamond material.
As quoted in the market news:
The De Beers-held company on Tuesday said it believed that certain of its patents for proprietary synthetic diamond products and its method of manufacturing had been infringed. It, therefore, sought to defend its intellectual property rights and business interests.
The patents in question related to production of material which had a combination of high-optical transparency in the visible and infrared spectral regions and low-crystalline stress – desirable in optical applications such as infrared spectroscopy and high-power laser optics.
Element Six claimed that IIa Technologies was exploiting its patents for commercial gain, potentially in both the industrial/technology and jewellery sectors.