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.
About 79,85 billion...