Australian company fined $150M for illegal mining on Indigenous land (icmagazine.org)
from floofloof@lemmy.ca to world@lemmy.world on 12 May 17:59
https://lemmy.ca/post/64763012

cross-posted from: 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.

#world

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Teknikal@anarchist.nexus on 12 May 21:11 next collapse

I’m reading this and just thinking, how much more than that did they make?

ArcaneGadget@nord.pub on 12 May 21:15 collapse

About 79,85 billion…

ArcaneGadget@nord.pub on 12 May 21:14 next collapse

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.

Gold_E_Lox@lemmy.dbzer0.com on 12 May 22:07 next collapse

cost of doing business.

fuck the corrupt cunts who let these fucks get away with it.

plz1@sh.itjust.works on 12 May 22:19 next collapse

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

KaChilde@sh.itjust.works on 12 May 22:33 collapse

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.