Acciona SA

But also one of the more curious things that came out of this is, so we know the state government has got a lot of rep- quite a few reports, I think five now from GHD dating back to 2006, um, telling the government How remediation can be done, um, how long it would take, uh, what its likely costs are, but yeah, essentially saying that it is possible to do.

So Bunjil have now gone and got their own advice, um, so pr- got two pr- pr- reports prepared, and that is from Acciona, a Spanish infrastructure giant, which we probably know best here for some of their energy and water infrastructure, uh, and ports infrastructure, and also CSI Mining Services, which is of course the subsidiary of mineral resources.

Uh, so just, I, it's, it's...

I mean, look, it is, it's the kind of work that CSI Mining Services does, but it is interesting to see one of the big iron ore companies involved in some small way in, you know, the project or, you know, pushing forward the case to remediate Wittenoom.

I'm Ella Loneragan, and these are your Thursday afternoon headlines.

Traditional owners in the Pilbara have turned to Mineral Resources and Acciona to build their case for the remediation of Wittenoom's deadly asbestos tailings.

The Banjima Native Title Aboriginal Corporation enlisted MinRes subsidiary CSI Mining Services and Spanish infrastructure giant Acciona to prepare reports into how to clean up the largest contaminated site in the southern hemisphere.

BNTAC and the state government are at the early stages of litigation in the federal court over a potential $1.5 billion compensation case to force the cleanup of asbestos left by mining in the first half of the 1900s.

Federal Court Justice Craig Colvin heard on Thursday that a report prepared by Acciona on behalf of BNTAC was supplied to the state government in September, prior to litigation beginning.

A second report by CSI was delivered this month, court heard.

The state government also received a fresh report it commissioned by GHD late last year.

But before we wrap up, as I do, I got something that caught my eye this past week.

So water is seven percent of Acciona's revenue.

Acciona is the engineering company out of Spain, but water seems to have just gotten promoted.

I was looking at, uh, Smart Water Magazine this past week, and it reported that Acciona is pulling water out of its infrastructure unit and making it a standalone business.

So it'll be reporting to the chairman, and this is for the first time since 2013.

So most people will read this as, ah, it's just a company restructuring, changing the matrix around or product categories, but it's more than just an org chart change.

I read it as something that is a little bit different, that companies don't just give seven percent of their business its own seat at the table unless they think it's worth more than seven percent.

So obviously, Acciona sees growth, and it may not be in Spain.

Que el proyecto tan bonito que están haciendo.

Eh, Acciona, eh, mu-mucho.

No, hay, hay mucho.

Mucho.

...

but when you were at Surfing Australia, we went up to one of Austr- Surfing Australia's head sponsors, Acciona, to speak at a big dinner conference.

Yeah.

And this is when I'd just started Good Human Factory.

So a bit of color for everyone listening.

So this was one of my, not one of my first keynotes, but definitely one of my first big ones.

I was at the Queensland Art Gallery in Brisbane with Acciona-

Yeah, yeah

For Stanwell, CleanCo and CS Energy, and I've sort of been through them.

And it's just interesting that McIntyre, which has been built by Aciona, appears to have gone to another hold point.

So it's gradually replacing all those damaged turbines, the turbines that need to be replaced.

But because of the delays, and it's well over a year now, possibly up to two years, it's had to renegotiate some of those PPAs.