Cost of Varanus rises

ALCOA has declared force majeure on its alumina supply contracts in the wake of last week’s Varanus Island gas explosion, which has knocked out 30% of Western Australia’s gas supplies. Meanwhile, BHP Billiton boss Marius Kloppers said he is “concerned” about the impact of the gas shortage.

Cost of Varanus rises Cost of Varanus rises Cost of Varanus rises Cost of Varanus rises Cost of Varanus rises

With Apache Corporation indicating it could take up to two months to restore gas flows from the Varanus Island plant, the impact of the explosion is beginning to hit home across the mining industry.

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