Industry News

With Demand Rising, Alrosa Buys Diamonds from the Russian Government

Alrosa has bought stockpiles of diamonds from the Russian government to replenish its dwindling inventory

In what is described as an “highly unusual bid”, Russian diamond giant Alrosa has bought “stockpiles of diamonds” from the Russian government “to replenish dwindling inventory, ahead of its current contract sale,” IDEX Online reports.

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