March 10, 2021 – ALROSA reports preliminary rough and polished
sales results for February 2021.
ALROSA sales of rough and polished diamonds in
February totaled $372 million, including proceeds from rough diamond
sales of $361 million, and polished diamond sales of $12 million.
For two months of 2021, total rough and polished
diamond sales accounted for $802 million, including $782 million of
rough diamond sales and $21 million of polished.
“The recovery in demand for diamond jewelry in
key markets well continued in early 2021 thus providing a good
support for rough diamonds sales. Midstream companies seek to
replenish their stocks of rough, once they see an opportunity for
that. We believe the current supply and demand balance is comfortable
for both miners and buyers of rough diamonds,” said Evgeny Agureev,
Deputy CEO of ALROSA.
ALROSA Group rough and polished diamond sales in
2021
Monthly sales results are preliminary and may be
updated. Possible discrepancies are due to rounding. Data on the
diamond market is the Company’s estimate based on the information
available at the time of publication. More detailed Information on
sales results the company discloses on a quarterly basis in its
Trading updates along with operational results. Official information
on the company’s revenue is disclosed in its consolidated IFRS
results for the corresponding periods. Preliminary dates of such
publications are available in Investor
calendar
.
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