Environmental Backlash over Diamond Foundry Factory
February 25, 25
(IDEX Online) - Diamond Foundry, which has just opened a lab grown factory in Trujillo, western Spain, is facing an environmental backlash over claims it uses more water than the entire 8,500-population town where it is located.
Residents at a meeting earlier this month were told the new facility, built with $85m of European Union cash, was estimated to consume more than 730,000 cubic meters of water annually.
The huge facility will produce at least 4m carats a year and create 300 jobs. But environmental groups are concerned about the factory's water usage, which is, they say "completely unsustainable".
"There would be enough water for the diamonds but the population of Trujillo would have to buy jugs at the supermarket to drink, shower, cook, etc," says an article in
Diamond Foundry, a Silicon Valley startup with Leonardo Dicaprio, star of the Blood Diamond movie, among its backers, is valued at $1.8bn.
"The water supply to Diamond Foundry is, once again, also in question, as it would cause serious supply problems for drinking water for the population of Trujillo and its surroundings," according to the El Salto local news website.
It says the building is one of the first industrial projects in the world powered entirely by solar electricity and insists it holds the necessary permits to use reclaimed water from local treatment plants.