Russian miner Alrosa (MCX:ALRS), the world’s top diamond producer by output, said Tuesday it had signed 67 long-term contracts for the sale of gem quality and industrial rough diamonds.
Twelve of those agreements, said the miner, are with Russian companies and include three new clients – Aives, Diapur and Kristalldiam.
Russian miner Alrosa (MCX:ALRS), the world’s top diamond producer by output, said Tuesday it had signed 67 long-term contracts for the sale of gem quality and industrial rough diamonds.
Twelve of those agreements, said the miner, are with Russian companies and include three new clients – Aives, Diapur and Kristalldiam.
The company is also considering another 11 companies as potential candidates for signing long-term agreements with. Of them, nine are potential long-term buyers of gem quality rocks and two – buyers of industrial stones.
Long-term contracts form the basis of the Russian miner’s sales policy, accounting for up to 70% of sales of diamonds dug by the company. The contracts guarantee volumes and assortment of monthly supplies, as well as the possibility to purchase additional batches of rough diamonds.
Source: Mining.com
