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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 read

Last updated: January 24, 2026

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Russia's Alrosa diamond producer says it has paused production at less profitable mines - Finance news and analysis from Global Banking & Finance Review

Quick Summary

Alrosa, a Russian diamond producer, pauses production at less profitable mines affecting deposits under 1 million carats, aiming for 29 million carats by 2025.

Alrosa Halts Production at Less Profitable Diamond Mines

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)

Key Takeaways

•Alrosa suspends operations at less profitable mines.
•The pause affects deposits producing under 1 million carats annually.
•Alrosa plans to produce 29 million carats by 2025.
•Potential production suspension and staff reduction in 2025.
•The decision reflects strategic adjustments in the diamond market.

Frequently Asked Questions about Russia's Alrosa diamond producer says it has paused production at less profitable mines

1What is the main topic?

The main topic is Alrosa's decision to pause production at its less profitable diamond mines.

2Why is Alrosa pausing production?

Alrosa is pausing production at mines producing less than 1 million carats annually to focus on more profitable operations.

3What are Alrosa's future production plans?

Alrosa plans to produce 29 million carats of diamonds by 2025 despite the current suspension.

Alrosa Halts Production at Less Profitable Diamond Mines

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)

Key Takeaways

•Alrosa suspends operations at less profitable mines.

•The pause affects deposits producing under 1 million carats annually.

•Alrosa plans to produce 29 million carats by 2025.

•Potential production suspension and staff reduction in 2025.

•The decision reflects strategic adjustments in the diamond market.

Frequently Asked Questions

1What is the main topic?

The main topic is Alrosa's decision to pause production at its less profitable diamond mines.

2Why is Alrosa pausing production?

Alrosa is pausing production at mines producing less than 1 million carats annually to focus on more profitable operations.

3What are Alrosa's future production plans?

Alrosa plans to produce 29 million carats of diamonds by 2025 despite the current suspension.