Stones; precious and semi-precious, dust and powder, of diamonds

HS code 710510 covers the trade of diamonds in the form of dust and powder. Diamonds are one of the most valuable and sought-after precious stones, with a wide range of industrial and jewelry applications. The global diamond industry is a significant contributor to the world economy, with major production centers in countries like 840000 Russia, 842000 Canada, and 845000 Australia. The trade of diamond dust and powder is an essential part of this industry, supporting various downstream sectors.

Diamond dust and powder are typically produced as a byproduct of the diamond mining and cutting processes. Raw diamonds are extracted from the earth, then sorted, cut, and polished to create finished gemstones. The smaller fragments and residues from these operations are collected and processed into a fine powder or dust, which can then be sold and used in a variety of applications.

The main inputs required for the production of diamond dust and powder include raw diamonds, specialized mining and processing equipment, and energy sources to power the various stages of production. Additionally, skilled labor is needed to operate the equipment and ensure the quality and consistency of the final product.

The primary outputs of HS code 710510 are diamond dust and powder, which find use in a range of industries. These include 842000 industrial applications, such as cutting, polishing, and abrasive tools, as well as the 710310 jewelry and gemstone sector, where diamond powder is used in the production of certain types of jewelry. The diamond dust and powder produced under this code may also be consumed by other related HS codes, such as 710391 Diamonds, worked, but not mounted or set and 710399 Precious stones and semi-precious stones, worked, but not mounted or set.