Sales of rough diamonds ALROSA in 2016 reached 40.1 million carats, an increase over the previous year to 10.1 million carats. Of the company's wastewater sold 2.9 million carats of diamonds. At the same time it reduced the production of ALROSA rough diamonds from 38.3 million carats in 2015 to 37.2 million carats in 2016.
The company disclosed the data published on its website a presentation to investors, from which it follows that by 2019 plans to increase diamond production to more than 41 million carats. Key sources of growth - PJSC «Severalmaz» and underground mine "Lucky."
The presentation noted that the capital cost of ALROSA in 2016 reached 39 billion rubles., But the company plans to reduce them to 32 billion rubles. in 2017 and then to 21 billion in 2018, after which they planned to increase to 33 billion rubles. by 2021.
Ratio gem-quality diamonds is 66% of sales and 97% of the revenue ALROSA. The company uses a diamond marketing strategy in three sales channels, focused on long-term contracts, spot sales and tenders. At the moment the customer base ALROSA has 71 long-term contracts, including 57 contracts for the supply of gem-quality diamonds with a fixed volume and range. At the same time the company's sales are distributed as follows: Belgium - 49%, India - 17%, Israel - 12%, Russia - 10%, China - 5%, other countries - 7%.
According to the forecast ALROSA, in the next 10 years is expected to increase demand for diamond jewelery at the level of 2-4% per year. Expected long-term rate of growth of demand for diamond jewelery in key markets will be: USA - 3-4% per year; Asia - 4-6% (c volatility short term); Europe - 1% per annum; Japan - less than 1% per year.
ALROSA notes that the diamond market in the medium term will be balanced, demand will exceed supply after the largest diamond mining companies sell stocks accumulated in 2015.
http://digg.com/u/jetjewelry