Diamonds Are Forever, Supply Is Not: Inside Rio Tinto's Sparkling Business

The video discusses the rarity and value of pink diamonds, highlighting their unique formation process and grading criteria. It focuses on Rio Tinto's mining operations, particularly the Argyle Mine, which is a major source of pink diamonds. The video also explores the challenges Rio Tinto faces as its mines near depletion and outlines potential strategies for sustaining its diamond business, including exploration and mergers. The market dynamics and investment potential of pink diamonds are also covered, emphasizing their high value and rarity.

What percentage of production do pink diamonds make up from the Argyle Mine?

Why is the diamond business considered profitable despite its small volume?