The Global Resource For Connecting Buyers and Sellers

Chinese investors interested in privatisation of Russia’s Alrosa – TASS

Chinese investors are interested in taking part in the government sell-off of a 10.9% stake in Russian diamond miner Alrosa, the TASS news agency quoted Alrosa CEO Andrey Zharkov as saying on Thursday.

Alrosa, the world’s largest producer of rough diamonds in carats, competes with De Beers, a unit of Anglo American and the world’s leading diamond miner in terms of value. Together they produce more than a half of the world’s rough diamonds.