Yindjibarndi 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.

Federal court justice Stephen Burley ruled in favour of the Yindjibarndi traditional owners, recognising their deep cultural ties to country and the trauma caused by the billion‑dollar mining operations.…