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Global mining giant Rio Tinto is facing fresh ESG-related scrutiny following reports that a sacred Aboriginal waterhole in Western Australia has run dry for the first time in living memory. The Robe River Kuruma Traditional Owners have blamed the company’s long-term, unsustainable water extraction practices for the depletion of the site. This waterhole holds immense cultural and historical significance, having been used by Indigenous communities for thousands of years. The incident adds to the reputational challenges facing Rio Tinto regarding its relationship with local communities and heritage sites. Analysts suggest that these allegations could trigger stricter regulatory oversight or operational restrictions in Western Australia. Furthermore, the situation highlights ongoing environmental risks that could weigh on the company's long-term investment profile.
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