ALROSA 2011 Sales +28%

ALROSA reported that its diamond sales rose to $4.45 billion in 2011, representing an increase ‎of 28 percent from sales reported the previous year. The company stated it was a record year ‎as both production and profitability rose. ‎

alrosaALROSA’s diamond production rose slightly to 34.6 million carats in 2011 from 34.3 million carats ‎the previous year. Net profit more than doubled to $1 billion (RUB 29.52 billion). ‎

The company added that it has established the ALROSA Group Innovation Centre Bourevestnik ‎to carry out innovation projects, including the creation of new equipment models for mineral ‎processing and study the structure and composition of matter.

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