Alrosa to Supply Rough to Armenian Polishers

In line with an agreement signed in August between Alrosa and the government of Armenia, the Russian diamond miner is due to begin supplying manufacturing facilities in Armenia with rough diamonds.

An Alrosa delegation, headed by President Sergey Vybornov is presently on a working trip to the central Asian country to discuss implementation of the agreement, on cooperation in the areas of diamond and jewelry manufacturing.

The agreement provides, in particular, for bilateral exchanges of information and coordinated moves aimed at strengthening the competitive edge of Russian and Armenian diamond manufacturers in the global market.

A team of Alrosa experts has conducted a study of 20 diamond cutting enterprises in Armenia. With the approval of Armenia’s Ministry of Industry, four diamond cutting enterprises were selected to receive rough supplies beginning this month.