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Domestic market is quite promising for ALROSA
As it has been informed by ITAR-TASS, the CEO of ALROSA Company Vladimir Kalitin announced during his visit to Japan that in the nearest future the company’s diamonds production volume would reach $150 mln annually. He mentioned that ALROSA had invested $3.3 bln into diamond sector development.
According to Mr Kalitin, domestic market is the most promising one for the company as the demand for diamonds in Russia is huge. Now ALROSA doesn’t intend to cooperate with Japan in the field of diamond sector, the company is interested, first of all, in Japanese equipment supplies. This question was very important during the negotiations between the company’s heads and Japanese trade corporations.
ALROSA mines 99.8% of all diamonds mined in Russia.
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