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Manufacturers

De Beers swings to $189m loss in H1 as prices and demand weaken

Rough diamond production also dropped 23% to 10.2 million carats, down from 13.3 million carats a year earlier, as the group scaled back output in response to weaker demand and elevated inventory levels

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De Beers has posted an adjusted EBITDA loss of $189m (£142.9m) for the first half of 2025, compared with a $300m (£226.9m) income during the same period in 2024.

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