Stinson to chair Talga

Graphite-focused Talga Resources has named Orbital Corporation chief executive Terry Stinson as its new chairman, replacing Keith Coughlan, who will remain with the business in a consultancy role.

Mr Stinson will take on his role at the Perth-based graphite and graphene materials company from today.

His predecessor has served in the role since 2013.

In a statement, Talga managing director Mark Thompson said Mr Stinson had an outstanding pedigree in achieving major international contract outcomes for new technologies across multiple sectors.

“His experience will be invaluable in guiding Talga’s transition through 2017 from product developer to global supply chain player,” Mr Thompson said.

“His appointment is very timely as he brings to Talga a very unique set of commercial skills and negotiating experiences over complex transactions that will be similar to the contractual path Talga is likely to take to bring its development successes to market.”

Mr Stinson has served as Orbital’s CEO since 2008. He is also a fellow of the Australian Institute of Company Directors.

Talga shares closed 9.5 per cent lower to 38 cents each.