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Nyrstar Deserves Resolve, Not Defeatism
Is Nyrstar’s board of directors truly caught between a rock and a hard place? That metaphor positions the board as a victim. In reality, it has uncritically aligned itself with the interests of its majority shareholder, Trafigura. In a recent interview with De Tijd, Marc Taeymans, an independent board member at Nyrstar, portrayed the company as a collatoral casuality in a dispute between Trafigura and minority shareholders. This portrayal is not only inaccurate—it is perilous
Aug 1, 20253 min read


Independent director or loyal spokesperson?
The financial newspaper De Tijd published an opinion by Kris Vansanten in which he argues that Nyrstar should finally act in line with...
Jul 31, 20252 min read


Inertia as a tactic: Trafigura's ‘Belgian Torpedo’
The wheels of justice turn slowly – too slowly – and this undermines the credibility of the rule of law. In an opinion piece in De Tijd,...
Jul 18, 20252 min read


The EU dreams of autonomy, but is selling its future to the highest bidder.
“You're losing.” With these harsh words, Jamie Dimon, CEO of the world's largest bank, addressed Europe today in the Financial Times....
Jul 11, 20252 min read


Board of Directors under fire at General Assembly Nyrstar NV : €5 million per year for an empty shell
Minority shareholders sound the alarm about poor governance, conflicts of interest, mismanagement, and excessive spending. Nyrstar NV, a...
Jun 25, 20255 min read


Nyrstar's board of directors is sinking further into its self-created quagmire.
Another unexpected twist in the Nyrstar case: Kris Peeters withdraws as candidate director. What could be going on? Kris Peeters - © Filip Naudts CC-BY-SA 4.0 Until recently, Mr. Peeters was a director at the European Investment Bank (EIB). Some research reveals that Article 6.1 of the EIB's Code of Conduct for the Board of Directors stipulates the following after the end of such a mandate: "Former Members of the Board of Directors have the duty to behave with integrity an
Jun 19, 20252 min read


A Sector Ban to Restore Trust in Corporate Governance
The integrity of corporate governance is under increasing scrutiny — and rightfully so. Belgium’s recent history has shown how vulnerable...
Jun 15, 20252 min read


Critical Minerals, Critical mistakes: The Nyrstar report Europe Can't Ignore
In recent posts, I warned about Europe’s eroding grip on critical industrial capabilities. Now, new evidence from Australia confirms just...
Jun 5, 20251 min read


Europe Gave Away the Keys to its Strategic Future
While the EU voices its ambitions for strategic defence autonomy, technological leadership, and green transition goals, it has quietly...
May 30, 20252 min read


Europe's Green Dream is Being Built on Borrowed Zinc
Last April, De Tijd warned that Europe must build 40 new mines and metal factories by 2030 to meet its own green transition targets — a...
May 23, 20252 min read


The Erosion of Legal Ethics: When Law Firms Serve Power Over Principle
Opinion: Recent events have cast a spotlight on the troubling role of major law firms in enabling corporate misconduct. Law professor ...
May 5, 20251 min read


The Masks Are Off: Allen & Overy Sells Its Soul (Again)
It’s official: Allen & Overy Shearman (A&O) has inked a deal with Donald Trump. A&O is one of five so-called “elite” law firms that have...
Apr 17, 20252 min read


Italy’s biggest refinery in crisis three years after sale by Russia’s Lukoil
Another case of the #CuckooStrategy in action. Trafigura ’s playbook is becoming painfully familiar: leverage special situations emerging...
Apr 13, 20252 min read


A fierce communications battle lies behind the legal aspect of the Nyrstar affair.
The truncated communication from Nyrstar clearly does not please the Financial Services and Markets Authority ( FSMA ) and the Antwerp...
Apr 11, 20251 min read


The Nyrstar case: can justice still be done?
‘It seems that the justice system wants to send a strong message to politicians’, this week in Trends Tendances. Does the justice system...
Apr 7, 20251 min read


The Nyrstar Case: A Textbook Principal-Agent Problem
The classic 'principal-agent problem' played a central role in the Nyrstar case. Kris Vansanten describes how board members and legal...
Apr 5, 20252 min read


Trafigura Agrees to Pay $76 Million in Brazil Bribery Cases
Summary : In April 2025, Trafigura agreed to a $75.8 million settlement with Brazilian authorities, resolving civil cases stemming from...
Apr 1, 20251 min read


Podcast: "The Lobito Corridor: Trafigura on track for Africa's mining heartland"
Public Eye’s latest podcast investigates the Angolan corruption scandal involving Trafigura. It sheds light on how the company allegedly...
Mar 27, 20251 min read


Trafigura to Pay $126 Million and Plead Guilty to Brazil Bribes
"Trafigura Group will pay $126 million and plead guilty to US charges related to bribery in Brazil, in the latest case involving...
Mar 27, 20251 min read


Nyrstar parent company Trafigura wants to partially nationalize zinc group
'Critical infrastructure and smelting capacity are a national security issue and therefore they need some kind of government ownership or...
Mar 26, 20252 min read
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