Alrosa PJSC (ALRS)

Profile

https://www.alrosa.ru

Alrosa PJSC is a prominent player in the global mining industry, specializing in diamond extraction. It stands as one of the largest diamond producers in the world by carat, catering primarily to the jewelry sector by supplying rough diamonds to major international markets. Alrosa’s primary function is the exploration and mining of diamond deposits in various regions, predominantly within Russia, where it operates numerous mining operations. The company significantly impacts economies and industries reliant on precious stones and minerals, contributing heavily to Russia's mining sector and exports. Notable for its substantial diamond reserves, Alrosa PJSC plays a crucial role in the global diamond supply chain, influencing prices and market stability. The company is involved in various facets of the diamond's lifecycle, from exploration and production to trading and sales, thereby controlling a significant portion of the diamond supply market. Founded in 1993 and headquartered in Mirny, Sakha Republic, Alrosa PJSC exemplifies a blend of innovation and traditional mining practices, maintaining environmental and ethical standards in its operations.