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Alrosa Expands Long-Term Client List

Alliance program accounts for 70% of miner’s sales volume.
Dec 31, 2017 9:13 AM   By Rapaport News
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Alrosa has expanded its roster of long-term clients receiving rough diamonds in its Alrosa Alliance program.

The company will publish the new client list for the 2018 to 2020 contract period later this month, it said. Clients must comply with Alrosa’s responsible business practices, show a certain level of rough-diamond demand even when the market is slow, and demonstrate financial performance that meets the company’s standards.

Contract clients currently account for 70% of Alrosa’s total sales volume. In November, the company announced it would be assessing buyers’ rough-diamond needs annually rather than every three years, making it easier to match supply with demand.

Correction, January 1, 2018: A previous version of this story included a list of Alrosa clients. Those companies were in fact the old list of Alrosa clients for the 2015 to 2017 contract period, and not the new list, as incorrectly stated.
Tags: A.C. Diam, Alrosa, Alrosa Alliance, Arjav Diamonds, Arslanian Freres, Asian Star Company, aspeco, Brilliant Trading Company, Chow Tai Fook Jewellery, Comdragmetall of RS(Y), Dali Diamond, DDK, Dharmanandan Diamonds, Diajewel, Diamond India, Dianco, Diarough, Dimexon Diamonds, EPL Diamond, Espeka, Fischler Diamonds, Hari Krishna Exports, Long-Term Client, Rapaport News, Signet Direct Diamond Sourcing
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