CORRECTED-ICE plans to launch battery metals derivatives this year

LAUSANNE, March 25 (Reuters) - Intercontinental Exchange ICE.N plans to launch derivatives in battery metals cobalt and lithium spodumene in London later this year, an executive said on Tuesday.

"Our customer base is looking to us to provide products to hedge," Chris Rhodes, president of ICE Futures Europe, told the FT Global Commodities Summit in Lausanne, Switzerland.

"ICE are planning to launch battery raw materials this year, lithium and cobalt and spodumene will be the start of that."