Rio Tinto demolished the Juukan Gorge caves in Western Australia last May to expand an iron ore mine, causing an outcry from investor groups and local custodians of the land. The ancient caves have been described by one expert as “one of the most archaeologically significant sites in Australia.”
“The Board acknowledges that the executive pay outcomes in relation to the tragic events at Juukan Gorge are sensitive and contentious issues,” it added, saying that it will “engage further” with shareholders.