The best diamonds in the world are coming to a diamond factory near you.
Diamonds are used to make jewellery and gemstones.
Diamonds are a rare commodity in the jewelry and gem industry.
Diamond miners are making about £1billion each year for the industry.
The Agape diamond factory in Coorparoo is about to open in 2019, the company announced.
The new factory will employ more than 100 people and is set to start production of Agape Diamonds next year.
The company said it was aiming to open by 2020, which would be the first new Agape factory in the country.
There will be a number of other Agape factories across the country that are making Agape in the same vein.
It is hoped that the Agape production will help increase demand for Agape, and that Agape prices will improve.
The factory is owned by diamond miner Richard Riddle, who is also the chairman of Agapes parent company, Agape.
Mr Riddle said he wanted to bring jobs to the area, and he was excited about the prospect of a new diamond factory.
“We’re very excited, it’s the perfect place to work,” he said.
“I have a great group of mates here, a great team, and I’ve got a good relationship with the people here.”
The Agapes factory is expected to have a capacity of 20,000 tonnes of diamonds per year, compared to a capacity for Agapes at the current mine.
Agape Diamond factory manager John Hutton said the factory was making Agapes in the best circumstances.
“It is the best diamond manufacturing facility in Australia, the best, and it will continue to be so for a long time to come,” he told the ABC.
“This is a great opportunity for us to continue to build on the successes that we have had in the past.”
The company will be opening its first production line next year and will soon be in the process of hiring more staff.
“The first production run is already underway,” Mr Hutton told the BBC.
“If we get the right people, and if we get them at the right price point, we will be able to start exporting in 2019.”ABC/wires