And the billionaires was fined all their money and put in jail right?....right?
The mine, located about 1,500km north of Perth, has generated an estimated A$80bn (£42.6bn) in revenue since operations began and is expected to continue until the mid-2040s. More than 135sqkm of land has been fenced off from entry, including by the Yindjibarndi people themselves.
Despite the historic nature of the ruling, community members expressed deep disappointment at the figure. The Yindjibarndi Ngurra Aboriginal Corporation had sought A$1.8bn (£960mn), arguing it would represent one per cent of the production value of the mines while compensating for the destruction of around 250 cultural sites.
Fortescue had sought to cap the compensation at A$8m (£4.3m), while the western Australian government argued a figure of between A$5m and A$10m (£2.7m to £5.3m) would be appropriate.
Elder Wendy Hubert described the payout as "peanuts" compared with Fortescue's earnings, according to the ABC.
Cost of doing business, as usual.
The requested amount by the Yindjibarndi Ngurra Aboriginal Corporation is, in my opinion not enough. It should have been the full amount made. And every penny going forward. And the billionaire owners should be strung up
Thar $150m must have really stung that multi-billion dollar mining operation.
Right...?
:(
Hardly a win, the tribe asked for 1.5 billion, for the firm that extracted tens of billions illegally from them, and got 150 million. It's paltry, and the headline for this article should be rewritten.
Midnight Oil starts playing in the background
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