According to tentative data, ALROSA Group’s rough diamond production in 2007 totaled $2.36 billion USD, while its polished diamond sales totaled $146.7 million USD.

Geological surveys indicate that the company has sufficient diamond reserves to maintain the current level of production for the next 50 years.

ALROSA is a legal successor of:

• the enterprises, organizations and divisions of NPO Yakutalmaz (former USSR state-owned diamond mining company);
• diamond sorting and marketing divisions of the State Committee for Precious Metals and Gemstones (Ministry of Finance of the Russian Federation);
• divisions of the Almazjuvelirexport Foreign Trade Association incorporated into its structure.

The company's activities are regulated by its Charter, agreements of lease with the Republic of Sakha (Yakutia) and decrees of the President of the Russian Federation. In conformity with its Charter, ALROSA is a close-type joint stock company and it does not have a stock exchange listing. Though under its present name the company has operated since 1993, it has a longer history that dates back to 1954 when Russia's first diamond-bearing kimberlite pipe was discovered.

ALROSA Co. Ltd. was set up under Decree 158C of the President of the Russian Federation 'On the Establishment of the Almazy Rossii-Sakha Joint Stock Company' signed on 19 February 1992.