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Billions at stake as coronavirus sparks commodity crisis

Patrick Durkin
Patrick DurkinBOSS Deputy editor

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Billions in LNG, coal and iron ore contracts with China are at risk of being re-negotiated in the wake of the coronavirus, lawyers warn as they face off over "force majeure" claims.

The escalating legal drama comes as major companies including Rio Tinto, Blackmores, Cochlear and the tourism, education, retail and casino sectors, reveal the growing cost of the outbreak.

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Patrick Durkin is Melbourne bureau chief and BOSS deputy editor. He writes on news, business and leadership. Connect with Patrick on Twitter. Email Patrick at pdurkin@afr.com

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    Original URL: https://www.afr.com/markets/commodities/billions-at-stake-as-coronavirus-sparks-commodity-crisis-20200212-p5407b