Yancoal names new chairman

Mine operator makes Li Xiyong director and chairman following Wiemin Li's exit.

Yancoal Australia (YAN) has made Li Xiyong director and appointed him the new chairman of the group, following the resignation of Wiemin Li earlier this year.

In a statement to the Australian Securities Exchange, Yancoal said Mr Li has also been appointed as the chairman of the Yanzhou Coal Mining Company Limited, Yancoal’s majority shareholder.

Mr Li holds a Master of Engineering and an EMBA. 

In 2011 he was appointed as the vice chairman of Shandong Energy Group and earlier this year became the general manager of the Yankuang Group.

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