Alrosa Profitable in 2025, Expects Growth in New Year

Alrosa confirmed its profitability this year despite challenges from sanctions and a slump in the diamond market.

“2025 was a challenging year for the company,” Aisen Nikolaev, the head of Russia’s Yakutia region for the miner, said Tuesday during a meeting with CEO Pavel Marinychev. “However, despite these conditions, Alrosa fully met its key production targets and implemented a robust social policy.”

The company maintains industry-leading financial stability and profitability, Marinychev added. Despite the crisis and sanctions pressure, Alrosa remains profitable, he continued, calling the achievement “an exception in global diamond mining.”

The miner also stated that it fully met its production plan for the year, with output of 29.7 million carats.

Meanwhile, Alrosa saw “significant progress” in expanding its key deposits and increasing rough resources, which will see it continue production for another 25 to 30 years, it explained. Investments in the Udachny mine will allow it to extend output to 2055. It also has projects in the works to migrate the Mir-Gluboky site to underground mining, as well to advance the Yubileynaya pipe and deposit.

Additionally, Alrosa is working on the development of its Degdekan gold mine, with the intention of extracting 3.3 tonnes of gold per year by 2030 and further expanding gold exploration in Yakutia, where the miner’s diamond deposits are located, and several other regions in Russia.

The company believes the coming year could bring a rebound for the industry.

“In 2026, Alrosa will focus on building long-term sustainability, strengthening its technological leadership, and preparing for a new growth cycle in the global diamond market,” it commented.

Image: Rough diamonds at the sorting center in Mirny. (Alrosa)