Rio in historic Aboriginal deal

Rio Tinto Iron Ore has agreed to pay a levy of up to $300 million over 50 years to the Ngarluma Aboriginal Corporation to cover present and future land use of the traditional owners' land.


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A well won and significant payment to the traditional land owners. I would sincerely hope these funds are injected immediately into social, educational, housing infrastructure & programmes for the recipients and NOT remain in large trust accounts managed by "fat cat" adminstrators raking off substantial commissions for their services.

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