Kaliningrad Amber Combine

Kaliningrad Amber Combine
Company typeJoint-stock company
IndustryResource extraction
Headquarters
Yantarny
,
Russia
Revenue₽1.19 billion[1] (2016)
₽209 million[1] (2016)
Number of employees
986 (2016) Edit this on Wikidata
ParentRostec
WebsiteOfficial website Edit this at Wikidata
Kaliningrad Amber Combine

Joint Stock Company Kaliningrad Amber Combine (Russian: Калининградский янтарный комбинат) is the only official amber mine in Russia, located in Yantarny, Kaliningrad Oblast.[2] The combine extracts up to 400 tonnes of amber annually,[2] and is owned by the state corporation Rostec.[3]

The region around the combine holds 90% of the world's extractable amber,[4] and the Kaliningrad Combine accounts for 65% of the global amber market.[5] Most of the combine's production is sold to China.[6]

Malysheva emerald mine

The Kaliningrad Combine also owns the Malyshevskoye emerald mine in Malysheva, Sverdlovsk Oblast,[7] the only commercial emerald mine in Russia, and produces beryllium ores and concentrates in the same facility.[8] In 2017 the company held Russia's first emerald auction on the Saint Petersburg Stock Exchange.[9]

  1. ^ a b http://www.ambercombine.ru/images/Itogi%202016%20-%20yantarni%20combinat.pdf. {{cite web}}: Missing or empty |title= (help)
  2. ^ a b Sinyakov, Denis. "Illegally mining Russia's 'Baltic gold'". www.aljazeera.com. Archived from the original on 2017-08-21. Retrieved 20 August 2017.
  3. ^ "Russia's Kaliningrad Amber Combine to sell raw material to China". 1Prime. Archived from the original on 2017-08-21. Retrieved 20 August 2017.
  4. ^ Venediktova, Ekaterina (13 January 2015). "In Western Russia, amber is the new gold". Russia Beyond The Headlines. Archived from the original on 2017-05-16. Retrieved 20 August 2017.
  5. ^ ""Ростех" может вложить в развитие Калининградского янтарного комбината 10 млрд рублей". 16 March 2015. Archived from the original on 2017-08-26. Retrieved 25 August 2017.
  6. ^ "Black market for 'Baltic gold' is booming despite dangers". NBC News. Archived from the original on 2017-08-21. Retrieved 2017-08-20.
  7. ^ "Kaliningrad Amber launches emerald recovery plant at Malyshevskoye". Interfax. Archived from the original on 2017-08-26. Retrieved 25 August 2017.
  8. ^ "Rostec planning to produce and process beryllium ore at Malysheva field". Interfax. Archived from the original on 2017-08-26. Retrieved 25 August 2017.
  9. ^ "Russia to hold first emerald auction on Exchange in St. Petersburg". Russia Beyond The Headlines. 31 January 2017. Archived from the original on 2017-05-17. Retrieved 25 August 2017.