The contracts are not split evenly, and market sources said Louis Dreyfus has secured the larger portion of the Skorpion material, which is registered on the London Metal Exchange under the Namzinc brand.
In 2013, Vedanta ended an exclusive marketing deal for the Namzinc brand with Trafigura but still sold significant volumes to the trading house.
Lucerne-based Trafigura will continue to market a portion of Namzinc material in 2014, market sources said.
Vedanta and Trafigura declined to comment. Louis Dreyfus had not responded to a request for comment at the time of publication.
In addition to selling material to Louis Dreyfus and the second trading house, Vedanta will also sell about 30,000-40,000 tonnes into the neighbouring South African market, a source familiar with the deals told Metal...