Russia eyes quadrupling production of alexandrite & increasing its emeralds output by 20%

Production of emeralds

Production of emeralds in Russia is expected to grow by 20% in 2021, according to RT-Capital, a subsidiary of Russian state-controlled corporation Rostec, which operates the country’s only emerald placer mine.

The outlook comes after a 10% drop recorded last year, when output amounted to a modest 150 kilograms.The company is also planning to raise fourfold the output of alexandrite, the world’s rarest gem, chief executive Kirill Fedorov said, as cited by TASS.

Continue reading https://on.rt.com/b4ot