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ALROSA

ALROSA PJSC
Native name
АК «АЛРОСА» (ПАО)
Public
Traded as MCXALRS
Industry Mining, processing and trading of rough diamonds, manufacturing of polished diamonds
Founded 1987
Headquarters Mirny, Sakha Republic, Russia
Key people

Andrey Zharkov (President)
Anton Siluanov
(Chairman of the Supervisory Board)

num_employees = 40 000
Products Diamonds
Revenue Increase RUB 207.2 billion (2014)
Decrease RUB 31.8 billion (2014)
Website eng.alrosa.ru

Andrey Zharkov (President)
Anton Siluanov
(Chairman of the Supervisory Board)

ALROSA (Russian: АЛРОСА)– is the Russian group of diamond mining companies, which has the leading role in the world diamond mining by volume. ALROSA is engaged in the exploration, mining, manufacture and sale of diamonds. Mining takes place in Western Yakutia, Russia, the Arkhangelsk region, Russia and Africa. The Russian Federation is the largest diamond-producing nation in the world. ALROSA is the leading company accounting for 95% of country's production and 28% of the global diamond extraction. ALROSA has the world’s largest rough diamond reserves, sufficient for at least another 18–20 years of production.

Full title – ALROSA, short – ALROSA. The company's headquarters are in Mirny (Sakha Republic) and Moscow.

The history of ALROSA dates back to 1954, when the first primary deposit of diamonds in the Soviet Union - the kimberlite pipe Zarnitsa, - was found. In 1955 the Mir kimberlite pipe and the Udachnaya pipe were discovered. A total of 15 primary diamond sources were found in 1955.

In 1957, a decision was made to begin mining and production operations on alluvial and ore deposits in Yakutia. To manage the facilities construction and subsequent operations, the Yakutalmaz group of companies was established with headquarters in Mirny. The first commercial-grade diamonds were recovered the same year, two years later, the Soviet Union sold the first shipment of diamonds on the world market.


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