Copper price plunge accelerates – down nearly 9% Wednesday – as producers announce production and construction halts.

Fitch analysts predict global copper mine production to increase by an average annual rate of 3.1% over 2020-2029, with total output rising from 20.3mnt to 26.8mnt over the same period.

Analysts at Fastmarkets believe the extended closures and logistical jams could see supply of base metals produced in the region restricted.

A few years ago, only a select group of money managers and funds used the label ESG, but today assets managed using a broad definition of the ESG approach exceed $30 trillion.