The International Principles and Standards for the Ecological Restoration and Recovery of Mine Sites were used to assess the restoration quality of one of the world's largest mines, located in the world's most biodiverse temperate forest. Quantitative analysis of longitudinal data spanning 35 years scored restoration quality at 2‐stars against a 5‐star forest ecosystem restoration target, with little indication of improvements from adaptive management. Two‐thirds of indicator plants were significantly under‐represented in early‐stage restoration and declined with age. Most plant species were effectively absent, including key structural species. Invasive plants and native legumes were persistently overabundant. Time required for the maturation of tree species will prevent the production of fundamental ecosystem features for well over a century (e.g. hollows and fallen logs), inhibiting functional fauna return (reptiles, bats, and conservation priority cockatoos in particular). The significantly different outcome compared with previous assessments is due to the age of restoration assessed and previous assumptions that early‐stage success indicate that restoration is on the correct, prolonged trajectory toward full ecological restoration. However, previous assessment methods did not consider many key metrics of the standards, nor accurately predict future restoration trajectory. In particluar, initial plant species richness (the only measure of biodiversity in the company's restoration completion criteria) did not reflect future restoration quality. These substandard restoration outcomes may result from removing the deep, multi‐layered bauxitic substrate on which the ecosystem evolved and establishing restoration on shallow topsoil over a more homogenized, impervious substrate. This study demonstrates the value of a robust, adaptable multi‐factor framework and methodology to evaluate restoration outcomes.