Yindjibarndi Seek Appeal Over $150M Fortescue Payout

Yindjibarndi traditional owners in Western Australia are considering an appeal over a $150 million compensation payout from Fortescue Metals, the largest native title compensation ever. The federal court ruled that Fortescue owes this sum plus $100,000 for economic losses, but the owners had sought $1.8 billion for losses from site destruction, social issues, and cultural harm. The owners, led by CEO Michael Woodley, call the award unsatisfactory and are exploring options for appeal to secure fairer compensation for their future on country. Support the show:Get a discount at https://solipillow.com/discount/dnn. Advertise on DNN:[email protected] This is an automated, high-level news summary based on public reporting.Report issues to [email protected]. View sources & latest updates:https://sources.thednn.ai/19fde2eb10af8e47