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ALROSA sets diamond sales record

ALROSA's diamond sales in the first half of 2014 exceeded last year's level by almost 10% and became a record in the company's history - reaching $ 2,8 billion, according to the company's corporate magazine.

The sales of rough diamonds of jewelry and technical purposes in carats amounted to more than 21 million carats.

A significant increase in sales occurred in the segment of technical raw materials - by 63% in the first half of 2014 to $ 65,5 million. The main part of the income still falls on the sale of gem-quality diamonds - it increased in January-June this year by 11% - to $ 2,684 billion. Since the beginning of 2014, ALROSA has noted an increase in demand and prices.

The geography of ALROSA has not fundamentally changed. Belgium still has a large share in sales. Antwerp is the largest diamond and diamond center in the world. Up to 80% of the diamonds mined worldwide pass through it. The second market in terms of sales volume for the company is the Russian market. It is followed by India and Israel. Demand from China is increasing.

The company mines diamonds in the Republic of Sakha (Yakutia) and the Arkhangelsk region. In 2013, ALROSA produced 36,9 million carats of diamonds, in 2014 it expects diamond production at the level of 36 million carats. The largest shareholders of AK ALROSA are the Russian Federation and the Republic of Sakha (Yakutia).

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