End of mining contract generates excitement for June auction in Brisbane

800+ items will be sold, including 90+ from Plant Hire Services Pty Ltd.; consignments being accepted

BRISBANE, QLD (17 May 2016) – After completing a massive eight-year contract carting concentrated ore from the Savannah nickel mine in Western Australia, Grant & Jodie Young and their company Plant Hire Services Pty Ltd. decided it was time for a break. Instead of having their equipment sit idle, they came to Ritchie Bros. to sell it all in one day.

On June 21, 2016 Ritchie Bros. will sell more than 800 equipment items and trucks at its unreserved auction in Brisbane, QLD. Equipment will be sold for dozens of owners, including a complete dispersal of prime movers, wheel loaders, excavators, screening plants, rollers, excavators, trailers and more for Plant Hire Services.

“As part of our contract for the Savannah nickel mine we had to be available 24 hours a day, seven days a week—we did this for eight years,” said Mr. Young. “Once the mine went into closure I could see I wasn’t going to get enough work to justify keeping all my machinery. I already had a great relationship with Ritchie Bros. so I came to them to sell it all.”

Plant Hire Services is a general civil and earthmoving contractor that has worked on a wide range of projects since its inception in 1972, including rebuilding air strips, building hydro power stations, and much more.

“We are honoured for the opportunity to sell Plant Hire Services’ first-class fleet, along with hundreds of other items from local and national contractors in our June auction,” said Ritchie Bros. Regional Sales Manager Dale Spedding. “We expect to have a great selection of equipment to offer buyers, including everything from prime movers to construction equipment, as well as one of the nicest packages of crushing equipment we’ve ever sold in Australia. As per usual, every item will be sold to the highest bidder, regardless of price.”

Equipment highlights:

  • Nine Caterpillar dozers, including D11R, D10R, D9T, D9R, D7R, D6R, D6T
  • Six Caterpillar rock trucks, including 775F & 773D
  • Six Caterpillar articulated dump trucks, including 740B Ejectors & 740
  • Two 2012 Volvo EC700BLC hydraulic excavators
  • A 2013 Hitachi ZX270LC-3 hydraulic excavator
  • Eight Caterpillar wheel loaders, including 988H High Lift, 980H
  • A 2012 John Deere 744K wheel loader
  • Four Kenworth T909 6x4 prime movers, including 2015, 2013 & 2012 models
  • A 2013 Volvo FM500 6x4 prime mover
  • An unused 2013 Metso Lokotrack LT175 VSI crawler impact crusher
  • An unused 2014 Metso Lokotrack C1000 crawler jaw crusher
  • Two unused Metso Lokotrack crawler scalping screening plants
  • Seven Drake hydraulic widening low loaders
  • Two 2016 Caterpillar 289D multi-terrain loaders
  • Two Franna MAC25 4x4 all-terrain cranes
  • A 2008 Caterpillar 140M VHP Plus motor grader

For more information about the Brisbane auction, including a complete equipment list, visit rbauction.com/Brisbane. To consign equipment and/or trucks to the auction contact the site directly at 07.3382.4444.

600+ equipment items and trucks to sell in Geelong, VIC on June 23, 2016
Two days after the Brisbane auction, Ritchie Bros. will conduct another unreserved public auction at its Geelong facility. More than 600 equipment items and trucks will be sold in the Geelong auction, including excavators, motor graders, dozers, prime movers, and much more. For more information about the auction, visit rbauction.com/Geelong. To consign equipment and/or trucks to the auction, contact the site directly at 03.5245.3333.

About Ritchie Bros.
Established in 1958, Ritchie Bros. (NYSE and TSX: RBA) is the world’s largest seller of used equipment for the construction, transportation, agriculture, material handling, energy, mining, forestry, marine and other industries. Ritchie Bros. TM solutions make it easy for the world’s builders to buy and sell equipment with confidence, including live unreserved public auctions with on-site and online bidding (rbauction.com), the EquipmentOneTM secure online marketplace (EquipmentOne.com), a professional corporate asset management program, and a range of value-added services, including equipment financing for customers through Ritchie Bros. Financial Services (rbauction.com/financing). Ritchie Bros. has operations in 19 countries, including 44 auction sites worldwide. Learn more at RitchieBros.com.

Media contact:
Ian Malinski
Corporate Communications Lead
+1.778.331.5432
imalinski@rbauction.com

Or

Dale Spedding
Regional Sales Manager
04.0324.7447
dspedding@rbauction.com