Yari Resources Names Courtney Taylor as MD to Drive Bowen Basin Growth

Strategic Rebranding Aligns Company with Bowen Basin Ambitions

Yari Minerals has officially changed its name to Yari Resources, signalling a sharpened commitment to its coal assets in Queensland’s Bowen Basin. The rebrand reflects a clear pivot towards developing the Rolleston South Coal Project, a district-scale resource located in one of the world’s premier coal provinces. The Board believes this new identity better captures the company’s strategic direction and shareholder value focus.

Experienced Geologist Courtney Taylor Takes Helm as Managing Director

Leading this transition is Courtney Taylor, appointed Managing Director effective 9 June 2026. Taylor brings over 17 years of experience in coal geology and resource development, with senior roles at BHP Technology, Anglo American, and Vale. Her expertise spans the full coal project lifecycle, from grassroots exploration to operational delivery, with a strong grounding in the Bowen Basin’s geology. Currently, she is conducting a comprehensive review of all technical data on Yari’s Rolleston assets to formulate a robust plan for advancing the project.

Drilling Program Confirms Shallow Coal, Redirects Capital

Yari recently completed rehabilitation of six drill sites from its Rolleston South program, where four holes confirmed shallow coal intercepts starting at 48.93 metres depth. This outcome de-risks the project’s near-surface geology and supports the company’s broader resource understanding. However, after reviewing costs and data, the Board decided not to proceed with two additional planned holes, choosing instead to focus capital on the ongoing technical review under Taylor’s leadership. The project benefits from proximity to established rail and port infrastructure, enhancing its export potential for thermal and semi-soft metallurgical coal.

Performance Rights Issue Aligns Leadership Incentives with Growth Milestones

To motivate and reward executive performance, Yari plans to issue 31.5 million performance rights to its directors, subject to shareholder approval. These rights vest upon achieving key milestones, including reaching inferred JORC coal resources of 275 million and 325 million tonnes, as well as share price and market capitalisation targets. The structure aims to conserve cash while aligning management’s interests with long-term project success.

Focus on Core Assets and Disciplined Capital Management

Alongside the technical review, Taylor is scrutinising all company expenditures and non-core assets, including Yari’s Pilbara lithium portfolio, to ensure capital is concentrated on advancing the Bowen Basin coal projects. Executive Chairman Eduardo Robaina emphasised that Taylor’s appointment and the rebranding underscore the company’s commitment to unlocking value from world-class Queensland coal assets.