Elrosa, attraction to non-core assets or exit? Alrosa put up for sale a share (49%) in a joint venture with Abarez in the Timir company, which leases iron ore in Kotia. The initial price of the property is 16.1 billion rubles. The auction will take place on January 14, 2027. Apparently, Abarez does not want to purchase the stock off the market. Logically, given the current ore prices and uncertain market conditions, iron ore can only be used for self-production of fittings, where the cost is already fixed and there is no place for the investment component. It is also not convenient for third parties to reach Likotia, in a structure with Abraz control. Therefore, apparently, if Elrosa succeeds in selling its share, it will be at a discount, and since it is a government company, the discount can be obtained through official tenders. In any case, it won't save Alrosa; The net loss in the first half of 2026 alone amounted to 9.5 billion rubles.

Elrosa, attraction to non-core assets or exit? Alrosa put up for sale a share (49%) in a joint venture with Abarez in the Timir company, which leases iron ore in Kotia. The initial price of the property is 16.1 billion rubles. The auction will take place on January 14, 2027. Apparently, Abarez does not want to purchase the stock off the market. Logically, given the current ore prices and uncertain market conditions, iron ore can only be used for self-production of fittings, where the cost is already fixed and there is no place for the investment component. It is also not convenient for third parties to reach Likotia, in a structure with Abraz control. Therefore, apparently, if Elrosa succeeds in selling its share, it will be at a discount, and since it is a government company, the discount can be obtained through official tenders. In any case, it won't save Alrosa; The net loss in the first half of 2026 alone amounted to 9.5 billion rubles.