On February 7, 2018, ALROSA held the first annual meeting with its long-term clients for the  new three-year client period, which commenced in January 2018.

At the time, ALROSA had signed a total of 67 long-term agreements: with 56 Russian and foreign companies for the sale of gem-quality diamonds; and 11 contracts for industrial diamonds.

“During the meeting, representatives of all these companies had an opportunity to discuss with ALROSA’s management their work in the new contract period, trends and challenges of the global diamond market,” the Company said.

ALROSA’s management  informed clients about  the Company’s 2017 results, and its production and sales plans for 2018. Clients were also briefed once again about the principles of work in the new contract period, “including the possibility of annual adjustment of the volume and range of rough diamonds they purchase”, ALROSA stated. “This provides greater flexibility in the work of both the Company and customers,” the Company explained. 

Further,  clients were also informed  about scheduled trading sessions and auctions.

“Long-term contracts will remain the main principle of ALROSA’s sales policy, a key to a stable development both of our business and business of our clients,” said ALROSA CEO Sergey Ivanov. “I want to assure that we will strive to ensure the Company's marketing policy is as transparent as possible so that our clients have the guarantees of equal access to rough diamonds. ALROSA is open for cooperation and dialogue with our clients, we highly appreciate their trust and are interested in maintaining reliable and constant feedback with them.”

ALROSA also showcased for its clients the unique coloured diamonds mined by the Company last year in Yakutia. The display included a pink gemstone weighing 27.85 carats;  a yellow one  of 34.17 carats;  and a lilac 20.18-carat rough diamond.  

ALROSA plans to cut these stones at its DIAMONDS ALROSA  facilities, and sell them at auction.