Russia's Alrosa diamond producer says it has paused production at less profitable mines
Published by Global Banking & Finance Review®
Posted on March 18, 2025
1 min readLast updated: January 24, 2026
Published by Global Banking & Finance Review®
Posted on March 18, 2025
1 min readLast updated: January 24, 2026
Alrosa, a Russian diamond producer, pauses production at less profitable mines affecting deposits under 1 million carats, aiming for 29 million carats by 2025.
MOSCOW (Reuters) - Russian diamond producer Alrosa announced on Tuesday that it had decided to temporarily suspend operations at its less profitable deposits.
The suspension will affect deposits with an annual production of less than 1 million carats, it said.
The company said it still planned to produce 29 million carats of diamonds in 2025
In November 2024, Alrosa said that it might suspend some production in 2025 and reduce staff.
(Reporting by Anastasia Lyrchikova; Writing by Maxim Rodionov; Editing by Andrew Osborn)
The main topic is Alrosa's decision to pause production at its less profitable diamond mines.
Alrosa is pausing production at mines producing less than 1 million carats annually to focus on more profitable operations.
Alrosa plans to produce 29 million carats of diamonds by 2025 despite the current suspension.
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