Yancoal names Sharif Burra as new chief executive officer

Yancoal Australia Ltd has appointed Sharif Burra as its new chief executive officer, effective September 8, 2025. Burra, 51, brings 28 years of mining experience and has held several senior roles within Yancoal over the past 12 years, including executive general manager – health, safety and sustainability. He is currently a member of the Yancoal Executive Committee. Ning Yue’s role as acting CEO will conclude on the same date.

Burra's annual fixed remuneration will be A$1,200,000, inclusive of cash salary and superannuation. He will also be eligible for a Short-Term Incentive Plan (STIP) and a Long-Term Incentive Plan (LTIP), with awards subject to Board approval and EIP Rules. As of the announcement date, Burra holds 226,155 shares in Yancoal.

Chairman Gang Ru praised Burra's appointment as a testament to the calibre of Yancoal's management team, anticipating he will build on the company's operational performance and cost control. Ru also expressed gratitude to Yue for his leadership during a coal market downturn, which saw the company achieve its best first-half operational performance in five years.