PJSC ALROSA – Kommersant

PJSC ALROSA - Kommersant

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The world’s largest diamond mining company, occupies 27% of the global market, according to Kimberley Process statistics for 2021. Reserves – more than 1 billion carats (according to FBU GZK). The main production assets are located on the territory of Yakutia and the Arkhangelsk region. It is currently developing about 20 diamond deposits. The volume of production in 2022 is 35.6 million carats (an increase of 10% by 2021). Profit in 2021 was RUB 91.3 billion, EBITDA was RUB 139 billion. The company fell under blocking US sanctions on April 8, 2022, after which it stopped publishing financial results. The number of employees is more than 30 thousand people.

33% of ALROSA’s shares are owned by the Russian Federation, 33% – by the Republic of Sakha (Yakutia) and its municipalities, 34% – in free float. Capitalization as of May 16, 2023 – 495 billion rubles.

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