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Sunergy enters deal with UK firm for diamond supply increase

Sunergy Inc. said Sept. 27 that it entered into a new collaboration with a U.K.-based firm to boost supply of diamond parcels for the remainder of 2016, through 2017 and beyond.

Under the agreement, the British partners will lease Sunergy’s mining equipment, and the company will earn a significant portion of the project’s profits.

The deal also gives Sunergy’s diamond buyers the option to wholly own diamonds produced at fair prices.