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ALROSA creates «diamond ground»
RosBusinessConsulting reports that Russian diamond monopolist ALROSA is working out the models for cooperation with foreign partners in domestic market. Severalmaz Company has been chosen the ground of the experiments.
Next week a meeting of Severalmaz Company’s shareholders is taking place. The decision to make additional shares emission is expected to be approved at the meeting. This will strengthen ALROSA’s control over the enterprise. Severalmaz possesses the licence for the Lomonosov deposit (Archangel region), its resources being estimated at $12 bln. According to the participants of the market, ALROSA plan to test the model of cooperation with foreign partners in Russian market on the basis of Severalmaz Company. New scheme will allow Russian diamond monopolist to attract means for money consuming projects.
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