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Australian company fined $150M for illegal mining on Indigenous land

cross-posted from: https://news.abolish.capital/post/48976

The Federal Court of Australia has ordered mining giant Fortescue to pay the Yindjibarndi Ngurra Aboriginal Corporation more than A$150 million in compensation for cultural loss caused by iron ore mining on Yindjibarndi Country in Western Australia’s Pilbara region, in what is being described as the largest native title […]

The Yindjibarndi had originally sought nearly A$1.8 billion in compensation, arguing the amount should reflect both the scale of cultural loss and the immense profits generated from the mine, which reportedly earned Fortescue around A$80 billion since operations began.

Australian company fined $150M for illegal mining on Indigenous landhttps://icmagazine.org/australian-company-fined-150m-for-illegal-mining-on-indigenous-land/Open linkView original on lemmy.ca

When do we start blast mining the properties of Fortescue execs?

I would continue to engage with their concerns throughout the process, of course; And pay the 0.0018% fine of my net worth as precedented in this case.

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It always amazes me how the executives that knowingly approve these crimes never end up in jail.

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The Yindjibarndi had originally sought nearly A$1.8 billion in compensation, arguing the amount should reflect both the scale of cultural loss and the immense profits generated from the mine, which reportedly earned Fortescue around A$80 billion since operations began.

In a statement following the ruling, Fortescue said it accepted the court’s decision and reiterated its commitment to First Nations engagement.

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Australian company fined $150M for illegal mining on Indigenous land | Spyke