Yancoal appoints Sharif Burra as new CEO
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The news: Yancoal Australia’s board has selected mining executive Sharif Burra to take over as CEO from 8 September 2025.
The context: An ASX filing released on Tuesday evening says that Burra has 28 years of experience across open-cut and underground mining, business improvement and technical studies, as well as due diligence and asset valuation. Burra has also held several roles with Yancoal over the past 12 years including general manager positions across operation services, procurement and major contracts, and business improvement. He is a member of the Yancoal Executive Committee.
Yancoal reported a first-half profit decline of 61% (year-on-year) earlier this month, despite a 16% increase in run of mine coal production to 32.2 million tonnes, the highest in the past five years.
The average realised selling price for thermal coal had fallen 12% while for metallurgical coal it had fallen 35%.
What they said: Yancoal chairman Gang Ru said: “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.”
The source: ASX
