Alrosa's Diamond Production Falls in 2025
The main diamond mining company in the country, Alrosa, mined 29.7 million carats of diamonds in 2025. This is less than in 2024 — then the company mined 33 million. However, the decrease in production was planned. This was reported to the 14.RU editorial office by the company«s press service.
“The decrease in production is planned and reflects the overall situation in the diamond industry. In recent years, the market has been cooling, primarily due to excess inventories of rough and polished diamonds in the Indian cutting sector, built up in 2023–2024 (which followed a sharp surge in demand and price increases for diamonds in 2021–2022 after the pandemic). For this reason, and as resource bases are depleted, nearly all diamond miners have been reducing output in recent years,” the company explained.
In their opinion, the reduction in global production will become an important stabilizing factor and will help normalize raw material inventories.
“Alrosa fully completed its diamond mining plan for 2025, remaining the largest diamond mining company and providing about a third of global production. Despite the prolonged downturn in the diamond market, the expected volume of diamond mining is 29.7 million carats,” the words of General Director Pavel Marinychev are quoted in the company’s Telegram channel.
The largest stone found in 2025 was a fancy amber-colored diamond of record weight 468.3 carats. It was named “80 Years of Victory in the Great Patriotic War.” The crystal measuring 56 x 54 x 22 millimeters was extracted in Yakutia (Sakha Republic, Russia).
As stated by the head of the republic, Aisen Nikolaev, the company manages to maintain its position despite imposed sanctions: “Alrosa has retained its status as the world’s largest diamond mining company and provides about a third of global production.”
The diamond miner is also the leader in taxes paid in Yakutia over the past five years. Paid profit taxes, based on incomplete data, amounted to 47.9 billion rubles (approximately $479 million at current rates). About what the republic’s budget is built from, as well as the largest taxpayers, we wrote here.
