Alrosa has updated its list of trusted clients – members of the Alrosa Alliance, based on the results of the previous contracting period. The new list will be effective from 1st January 2022 together with an updated system of long-term contracts.
The members of the Alrosa Alliance are a group of reliable Alrosa clients with high standards of business conduct and an in-depth understanding of the diamond market. Compliance with the Alrosa Alliance principles is mandatory for any company aspiring to the status of long-term Alrosa client.
In the new 2022-2024 contracting period, the Alrosa Alliance will include 51 buyers of gem-quality diamonds and 10 buyers of industrial diamonds.
In 2021, Alrosa approved a new version of its regulations on the procedure and terms of sale of natural diamonds, setting out the key principles of Alrosa’s commercial relationships with buyers. The document subdivides the clients and respective diamond supply contracts into three categories depending on the nature of the business: retail, diamond cutting and polishing, and trading.
Evgeny Agureev, Deputy CEO of Alrosa, said, “Alrosa sets great store by the stability of rough diamond supply, satisfying confirmed demand and minimizing speculative sentiments that can undermine the market. We have therefore updated the way in which we interact with clients, placing the focus on creating added value after the sale of the diamonds. Working on this basis with the updated list of Alrosa Alliance members will ensure stability of supply for both the clients and the company, while also helping to balance supply and demand on the market.”
The Long-term Customers of the contract period 2022-2024 are:
1. Aives LLC
2. DDK LLC
3. KGK DV LLC
4. Kristalldiam Co. Ltd
5. M. Suresh Vladivostok LLC
6. JSC “Gomel MA “Kristall”
7. A. Dalumi Diamonds Ltd
8. A.C. Diam BVBA
9. Arslanian Group NV
10. Asian Star Company Limited
11. Aspeco Belgium NV
12. Chow Sang Sang Jewellery Company Limited
13. Chow Tai Fook Jewellery Co Ltd
14. Dali Diamond Company NV
15. Dharmanandan Diamonds Pvt Ltd
16. Diajewel NV
17. Diamond India Ltd
18. Dianco BVBA
19. Diarough NV
20. Diarush DMCC
21. Fischler Diamonds NV
22. H.D. Diam BVBA
23. Hari Krishna Exports Private Ltd
24. HVK International Private Limited
25. IGC Group NV
26. Jasani India Private Limited
27. K.P. Sanghvi HK Ltd
28. Kapu Gems LLP
29. KGK Diamonds (I) Private Ltd
30. Kiran Gems Pvt Ltd
31. Laurelton Diamonds Belgium BVBA
32. Laxmi Diamond Pvt Ltd
33. M. Suresh Company DMCC
34. Mohit Diamonds Pvt Ltd
35. Niru Diamonds (1987) Israel Ltd
36. Pluczenik Diamond Co NV
37. Richold SA
38. Rosy Blue NV
39. S.V. Gems NV
40. Sahar Atid Diamonds Ltd
41. Schachter International Ltd
42. Sheetal Manufacturing Co Pvt Ltd
43. Shree Ramkrishna Exports Pvt Ltd
44. SDDS Botswana Pty Ltd
45. Swintu Diam BV
46. Tache – HSK BVBA
47. VD Global Pvt Ltd
48. Venus Jewel
49. Wing Hang Diamond Co. Ltd
The Other Members of Alrosa Alliance are:
50. Dimple Jewels DMCC
51. Yoram Dvash Diamonds Ltd