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Spinel is a mineral composed of magnesium aluminium oxide, and is a member of the spinel group of minerals. It is found in a variety of colors, including red, blue, green, yellow, and purple. Spinel is used in a variety of industries, including jewelry, electronics, and industrial applications. It is also used as a gemstone, and is often used in jewelry and other decorative items.
Spinel is mined from a variety of sources, including igneous rocks, sedimentary rocks, and metamorphic rocks. It is also found in alluvial deposits, and is often found in association with other minerals, such as corundum, diamond, and tourmaline.
The spinel market is highly competitive, with a number of companies offering a variety of products. Companies in the market include Gemfields, Gemporia, and Gemstone Mining Corporation. These companies specialize in the production and sale of spinel, and offer a range of products, from rough stones to cut and polished gems. They also offer a variety of services, such as gemstone certification, gemstone appraisals, and gemstone cutting. Show Less Read more