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. “Last year was one of the most difficult for the Mariinsky mine,” Fedorov said, adding that the company saw an 80% drop in sales, while exports were completely halted.
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