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ALROSA Long-Term Customers Given Option to Buy Rough Through its Digital Platform in May Trading Session


ALROSA has provided its long-term customers with the service of purchasing rough diamonds through its digital platform. There is currently a digital tender taking place -- between May 15 and May 29, 2020 -- at which ALROSA has offered over 800 rough diamonds ranging in size from 5-10 carats batches.

Detailed information about each diamond has been provided for remote evaluation. During the tender, customers who have logged into their personal online accounts will get full digital scans of the diamonds at tender, including data on their external shape, inclusions, colour, fluorescence and photographs of the stones.

The Company said that the volume offered in its May trading session is the largest it has ever put on a digital tender. ALROSA said that for the convenience of its clients, it has “significantly upgraded” its trading system as well as online services. “Every lot has a separate web page with all its characteristics,” the Company said. “Given a large number of lots, clients have an opportunity to upload their bids for individual stones in a semi-automated mode.”


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