The United States plans to “make up for lost time” in the battle against climate change by developing new technologies and investing in the products that will drive the transition to a global, low-carbon economy, according to the country’s Treasury chief, Janet Yellen.

The London Metal Exchange will announce the results of its discussion paper on market structure on or around June 8 and has not yet made any decisions on the whether to reopen the ring, it said.

The demand for nickel and cobalt as battery materials for electric vehicles (EV) will keep their long-term bullish fundamentals intact, according to Canadian miner Sherritt International.

Demand for refined copper in China has now surpassed levels seen prior to the Covid-19 pandemic, according to Vancouver, Canada-based Teck Resources.

Trafigura’s warehousing and logistics arm, Impala Terminals, has launched a certified carbon-neutral freight service allowing its customers to offset their indirect greenhouse gas (GHG) emissions by financing carbon projects worldwide.

Copper producer Freeport-McMoRan expects to see its 2021 copper sales reach about 3.8 billion pounds, or 1.7 million tonnes, while it continues its transition to underground mining at Grasberg in Indonesia.

First Quantum Minerals expects to achieve higher copper production in the next three years out to 2023, driven largely by its operations in Zambia and Panama.

Covid-19 appears to have claimed another casualty: the London Metal Exchange ring trading floor.

The London Metal Exchange is proposing the permanent closure of its open-outcry trading floor and the incentivization of greater liquidity on its electronic trading platform, LMESelect.