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Russia’s ALROSA leading global diamond production amid Covid-19 pandemic – Putin

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© Getty Images / mevans
Coronavirus brings diamond sales to an almost complete halt

According to the company, its rough diamond sales grew 28 percent in September year-on-year, amounting to $328.2 million. It also sold polished diamonds worth $7.8 million.

In 2018, ALROSA opened a huge new diamond deposit in Russia’s northeastern region of Yakutia. The project was launched by President Putin, who said the new field “will strengthen Russia’s leadership in the global diamond market.”

According to the Russian president, “Russia is a country of enormous natural wealth, and the diamonds of Yakutia are another national treasure of which we are proud.”

For more stories on economy & finance visit RT’s business section

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