Underground diamond mining Russia

ALROSA HOLDS FIRST MEETING WITH LONG TERM CLIENTS

Alrosa has held the first meeting of the new three-year client period with its long-term clients on February 7. In January, the Russian diamond mining giant signed long-term agreements with 56 Russian and foreign companies for the purchase of gem-quality diamonds, and 11 contracts for industrial diamonds.

 

During the meeting, Alrosa “provided information on the Company’s 2017 results and its production and sales plans for 2018”, according to a press release. The clients were also shown colored diamonds mined last year in Yakutia – a pink 27.85-carat gemstone, a yellow one weighing 34.17 carats, and a lilac 20.18-carat rough.

 

Alrosa CEO Sergey Ivanov commented: “Long-term contracts will remain the main principle of ALROSA’s sales policy, a key to a stable development both of our business and business of our clients […]”.

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