MEDIA RELEASE PR36196
Media Advisory - Ritchie Bros. to Conduct Multi-Million Dollar Mining Equipment Auction in Perth
PERTH, Sept. 18 /CNW-AsiaNet/ --
Every item, from dozers to rock trucks, will be sold with no minimum bids
or reserve prices
Next Tuesday, Ritchie Bros. Auctioneers (NYSE and TSX: RBA), the world's largest industrial auctioneer,
will conduct a multi-million dollar mining equipment auction in Perth, W.A. for Orion (WA) Pty Ltd and other
owners. More than 330 items will be sold in the unreserved public auction on September 22, 2009, including
rock trucks, wheel loaders, dozers, water vehicles and hydraulic excavators. Every item will be sold on auction
day, with no minimum bids or reserve prices. The auction is expected to attract bidders from across Australia
as well as overseas. Interested buyers can bid in person at the Perth auction site, online in real time at
WHO: Ritchie Bros. Auctioneers, the world's largest industrial
auctioneer, will sell equipment for Orion (WA) Pty Ltd and
other owners
WHAT: Multi-million dollar unreserved public mining equipment auction
WHEN: Tuesday, September 22, 2009 - auction starts at 9:00 a.m.
WHERE: 33 Beard St, Naval Base, WA, 6165, Australia
(site phone: +61.8.9410.2533)
WHY: Orion (WA) is a large mining equipment rental company based in
Hazelmere, W.A. Managing Director Richard Harding will sell
close to 40 items in the Perth auction on September 22nd,
although he has never sold equipment at a Ritchie Bros. auction
before. The equipment was used at a nickel-mining project in
Kalgoorlie.
"We wanted to put the equipment back to work when that operation ended,
because it's still in great shape, but with the downturn in the mining
industry there isn't the work available - so we decided to clean the
cupboard," said Mr. Harding. "I chose to sell through Ritchie Bros. because
they have a good reputation, they run their auctions well, they reach an
international base of customers and they only do unreserved auctions, so I
know all of the equipment will sell on September 22nd and I will have money in
the bank afterwards."
About Ritchie Bros.
Established in 1958, Ritchie Bros. Auctioneers (NYSE and TSX: RBA) is the
world's largest industrial auctioneer, selling more equipment to on-site and
online bidders than any other company in the world. The Company has over 110
locations in more than 25 countries, including 39 auction sites worldwide.
Ritchie Bros. sells, through unreserved public auctions, a broad range of used
and unused industrial assets, including equipment, trucks and other assets
utilized in the construction, transportation, agricultural, material handling,
mining, forestry, petroleum and marine industries. The Company maintains a web
PHOTOS: You can download equipment and auction photos to use with your
SOURCE: Ritchie Bros. Auctioneers Pty. Ltd. (Australia)
CONTACT: Finlay Massey, Regional Manager, Ritchie Bros. Auctioneers,
Auction site phone: +61.8.9410.2533; Or
Kim Schulz, Manager, Corporate Communications,
Ritchie Bros. Auctioneers,
Phone: +1 778 331-5442 or email: kschulz(at)rbauction.com
(RBA. RBA)
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