Alrosa Revises 2025 Diamond Production Forecast to 29.7 Million Carats

Slightly Upward Revision Amid Challenging Market Conditions

Alrosa, the world's largest diamond mining company, has announced a 2025 diamond production forecast of 29.7 million carats, representing a 10% decrease from the previous year's production levels. This latest projection is slightly higher than initial estimates, indicating a modest upward revision in their production guidance.

Operational Resilience Amid Sanctions and Market Slowdown

Despite facing Western sanctions and a global diamond market slowdown, Alrosa's CEO Pavel Marinychev confirmed that the company remains profitable. The company has demonstrated operational resilience in maintaining production levels while navigating challenging geopolitical and market conditions.

Market Implications and Future Outlook

The diamond industry has been experiencing significant challenges, including reduced consumer demand and economic sanctions affecting major producers like Alrosa. The company's ability to maintain profitability amid these challenges underscores its strong market position and operational capabilities.

Financial Performance Details

While Alrosa has confirmed profitability, the company has not disclosed specific financial figures. The market is likely to watch closely for further updates on both production numbers and financial performance as the year progresses.