Alrosa is the Most Efficient Diamond Mining Company in the WorldALROSARUS:ALRSA3MInvestmentsWe have already made a note about the diamond mining industry in the World. We will add information to this post and present it as an investment idea for subscribers from Russia There are two main companies in the World diamond mining market: Alrosa (Russia. World market share ~28%) and De Beers (US. World market share ~22%) Even with the dollar below 90 rubles and with sanctions obstacles, it remains profitable At the same time, American De Beers reduced production by 36% in the second quarter of 2025 compared to the data of a year ago EBITDA will be negative for the second half of the year in a row If EBITDA is negative, then operating profit is deeply negative. Another company from this sector, Petra Diamonds, is trying to survive in 2025, although only 3 years ago it underwent restructuring and zeroed out its net debt. The rest of the sector is doing even worse Judging by the state of affairs at De Beers, a significant share of the world's capacity is unprofitable at current diamond prices. The main thing is that ALROSA is operationally profitable in the most difficult conditions, unlike its competitors. ALROSA has a very large working capital The basis of working capital is ready-to-sell diamonds ALROSA has already incurred production costs to extract these diamonds from the ground, but has not yet received revenue. ALROSA can get about 25% of its capitalization from working capital in the future by selling off stocks. We indicated earlier in the post why demand for diamonds will return