The board (the Board) of directors of Yancoal Australia Ltd (Yancoal or the Company), together with its subsidiaries (the Group), is pleased to announce the appointment of Mr Sharif Burra as Yancoal's new Chief Executive Officer (CEO) effective 8 September 2025.
Mr Ning Yue's role as Acting CEO will cease effective 8 September 2025. Mr Burra (age 51) is an experienced mining executive with 28 years of experience spanning open-cut and underground mining; business improvement and technical studies and due diligence and asset valuation. Mr Burra has held several roles with Yancoal over the past 12 years including: General Manager - Operation Services, General Manager - Procurement and Major Contracts, General Manager - Operations Improvement / Business Improvement, and Executive General Manager - Health, Safety and Sustainability. He is a member of the Yancoal Executive Committee. The Board considers his broad experience, as well as existing knowledge of Yancoal's operations, will provide continuity to the CEO role and enable Mr Burra to effectively implement the Company's operational and strategic priorities.
Chairman Gang Ru said, 'Mr Yue readily accepted the Acting CEO role in addition to his responsibilities as Chair of the Executive Committee (CEC) at the start of the year. Faced with a coal market downturn, he demonstrated outstanding leadership, collaboration and dedication. He led the Company to its best first-half operational performance of the past five years and has the Company poised to potentially reach the upper end of its production guidance this year. On behalf of the Board, I would like to express my sincere gratitude to Mr Yue
'The recruitment process to appoint Yancoal's next CEO was thorough, with many highly capable internal and external candidates considered. The decision to fill the role internally speaks to the calibre of the Yancoal management team. The Board anticipates Mr Burra can build on the operational performance, cost control, fiscal discipline and productivity improvement for which Yancoal is already recognised, and along with the CEC and management team lead the Company on to further growth and long-term value return for shareholders.' Mr Burra graduated with first class honours from Auckland University with a degree in Mining Engineering. He also holds a Master of Business Administration (MBA) degree from Oxford University. Mr Burra serves as the Chairman of Low Emission Technology Australia the (LETA) Industry Project Assessment Committee. He is an Alternate Director for Australia Coal Research Limited (ACRL), Co-chair of the Australian Coal Association Research Programme (ACARP) Underground Committee and Member of the ACARP Research and Minesite Greenhouse Gas Mitigation Committees. He is also a Port Waratah Coal Service Health, Safety, Environment & Community Committee Member and Queensland Resource Council Health and Safety Committee Member. Save as disclosed in this announcement, Mr Burra does not (i) hold any other position with the Company or its subsidiaries; (ii) hold any other directorships in any other public companies, the securities of which are listed on any securities market in Hong Kong or overseas in the last three years and (iii) have any relationship with any other directors, senior management or substantial or controlling shareholders of the Company. As at the date of this announcement, Mr Burra holds 226,155 shares in the Company. Save as disclosed, Mr. Burra does not have any other interest in the shares or underlying shares of the Company within the meaning of Part XV of the Securities and Future Ordinance (Chapter 571 of the Laws of Hong Kong). There is no information which is disclosable, nor is/was Mr Burra involved in any of the matters required to be disclosed, pursuant to any of the requirements under Rule 13.51(2)(h) to 13.51(2)(v) of the HKSE Listing Rules.
Contact:
Brendan Fitzpatrick
Email: Brendan.Fitzpatrick@yancoal.com.au
WEB: www.yancoal.com.au
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