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Yindjibarndi Ngurra Aboriginal Corporation label federal court ruling against mining giant’s Solomon Hub iron ore operation ‘unsatisfactory’Follow our Australia news live blog for latest updatesGet our breaking news email, free app or daily news podcastYindjibarndi traditional owners are considering an appeal against the federal court’s record $150m compensation payout, saying it is “unsatisfactory” and will not cover the cultural and financial losses suffered since Fortescue began mining their land.On Tuesday, mining company Fortescue was ordered by the federal court to pay compensation to Yindjibarndi traditional owners for cultural losses caused by its multibillion‑dollar Solomon Hub iron ore mine, plus $100,000 for economic losses – the largest compensation payout in native title history. Continue reading...

Federal court found miner’s Solomon Hub iron ore mine caused cultural and social harm, including the destruction of 140 heritage sitesFollow our Australia news live blog for latest updatesGet our breaking news email, free app or daily news podcastMining company Fortescue has been ordered to pay $150m in compensation to traditional owners over cultural losses caused by the multibillion-dollar Solomon Hub iron ore mine – the largest compensation payout in native title history.The mine, which has extracted millions of tonnes of iron ore and generated an estimated $80bn in revenue for Fortescue since operations began in 2013, was approved by the Western Australian government without the consent of the Yindjibarndi traditional owners. Continue reading...

• Factory, a three-year-old startup, raised $150 million led by Khosla Ventures, achieving a $1.5 billion valuation on April 17, 2026. • The funding targets AI coding tools that automate software development for enterprises, freeing developers for complex tasks. • This round reflects booming investor interest in AI automation amid US tech sector's push for efficiency.