Rio Tinto Teams Up With Firestone Diamonds in India
To enhance the demand for pink diamonds...Rio Tinto’s Argyle Pink Diamonds business unit has selected Firestone Diamonds as its partner in India.
“The time is right for India to take its place in the world of rare colored diamonds,” said Nirav Modi, chairman of Firestone Diamonds. “This exclusive partnership provides an ideal opportunity to enhance the demand for rare pink diamonds in India.”
Firestone has previously acquired pink and blue diamonds from the Argyle mine and recently sold the Golconda Lotus Necklace, comprising a collection of 34 Argyle pink diamonds, for $3.6 million.
“We extend a very warm welcome to Firestone Diamonds as our partner in India,” said Josephine Archer, business manager for Argyle Pink Diamonds. “Nirav Modi’s commitment to beautiful design and quality craftsmanship is a perfect fit with the rarity, beauty and luxury of Argyle pink diamonds.”
By: Avi Krawitz
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