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Russia’s ALROSA to contract 2015-’17 diamond supplies in November

August 25, 2014, 12:47 UTC+3 MOSCOW
In 2014, the company expects its diamond output to amount to 36 million carats, while its sales are expected at 38 million carats, including 2 million carats from stock
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© ITAR-TASS/Alexei Kondratyev

MOSCOW, August 25. /ITAR-TASS/. Russian diamond mining giant ALROSA plans to start contracting its 2015-2017 supplies in November, the company said in a statement on Monday.

Talks with the clients on signing long-term agreements will begin in September, the company said.

In 2014, the company expects its diamond output to amount to 36 million carats, while its sales are expected at 38 million carats, including 2 million carats from stock.

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