Talga Board Appointment First European-based Board member

Globally focused Australian technology minerals company Talga Resources Ltd (“Talga” or “the Company”), is pleased to announce the appointment of its first European-based Board member, Mr Ola Rinnan, an experienced energy, banking and finance executive.

Mr Rinnan is a Norwegian national with a Masters degree in Construction and Materials Technology, as well as a Bachelors Degree in Economics. His appointment as a Non-Executive Director of Talga is effective immediately.

The appointment of Mr Rinnan comes as Perth-based Talga develops the Company’s graphite-graphene processing and product technology operations in Europe, and expands its range of industrial partners globally.

Mr Rinnan has extensive commercialisation and management experience covering Europe and predominantly Scandinavia. This includes the role of CEO at Eidsiva Energi AS, a regional scale energy and infrastructure company in Norway with more than 40 hydroelectric sites. He has also held the position of CEO with Norgeskreditt AS, a subsidiary of Nordea, one of the largest financial institutions in northern Europe and headquartered out of Sweden. Mr Rinnan previously held the position of CFO for Moelven Industrier ASA, a listed wood and construction products company and was regional MD for DNB ASA, the largest bank in Norway.

Mr Rinnan has had other roles as CFO and Board member to a number of European listed companies and financial institutions, all with global reach and strong connections in Scandinavian finance. His current board positions include non-Executive directorships in Smedvig group (Talga’s largest shareholder) companies and:

  • Chairman of Avinor AS, a State-owned company under the Norwegian Ministry of Transport and Communications
  • Nordavind DC Sites AS, a data centre investment house.
  • DFCU Bank, Uganda’s 3rd largest bank, where he represents the largest shareholder, Norfund
  • Member of the advisory board for DLA Piper in Norway.

Talga Managing Director, Mr Mark Thompson:
“We are delighted to welcome Ola to the Talga Board, where his skills and experience support our rapidly advancing operations and business in Europe. We look forward to leveraging from Ola’s extensive business development experience, financial expertise and various industry relationships for the benefit of Talga shareholders.”

About Talga
Talga Resources Ltd (“Talga”)  is a technology minerals company enabling stronger, lighter and more functional graphene and graphite enhanced products for the coatings, battery, construction and carbon composites markets. Talga has significant advantages owing to 100% owned unique high grade conductive deposits in Sweden, test processing facility in Germany and in-house product development and technology. Advanced product testing is underway with a range of corporations including industrial conglomerate Chemetall (part of BASF), Heidelberg Cement, Tata Steel, Haydale, Zinergy and Jena Batteries.