Moscow – Russian diamond producer Alrosa’s output fell by 4.6% to 33 million carats this year, according to a statement by the government of the Yakutia region in Russia’s Far East, where most of Alrosa’s production is based.
Alrosa, the world’s largest producer of rough diamonds by volume, announced plans last month to suspend some production in 2025 and cut staff as it grapples with low global prices. Last year it cut production by 2.8% to 34.6 million carats.
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