Ritchie Bros. to auction off surplus EMECO mining equipment
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Ritchie Bros. to auction off surplus EMECO mining equipment

Ritchie Bros. has entered into an agreement to provide EMECO with services to disperse surplus mining equipment, partnering with the mining services provider to provide what it says are competitive integrated sales and marketing solutions for the sale of heavy earthmoving equipment.

EMECO is one of Australia’s largest independent mining equipment rental companies, providing bespoke earthmoving machinery solutions for mining companies operating in key mining regions of Australia.

Through this joint agreement, EMECO received a dedicated showcase at Ritchie Bros. IronPlanet, a dedicated branded vendor page that includes EMECO listings for sale. According to Ritchie Bros. the assets will be sold either through Marketplace-E auctions or through IronPlanet auctions with an approach tailored to achieve the best possible result.

Ritchie Bros. Finlay Massey said: “We are delighted to be working in partnership with EMECO to provide innovative solutions to disperse surplus assets. This agreement, with a shared focus on asset solutions, is the foundation for a strong partnership and complements our efforts to diversify our sales solutions.

“We have a unique opportunity to provide EMECO with our significant resources, industry expertise and extensive customer database to maximise the return on EMECO’s surplus asset sales.”

EMECO Steve Crofts, GM HME Disposals, said: “We have been in the mining industry for 50 years, supplying heavy earthmoving equipment to mining companies and contractors for coal, gold, copper, bauxite and iron ore. We are pleased to begin selling surplus assets through Ritchie Bros. to the global mining industry.

“Ritchie Bros. A multi-channel sales approach will allow us to sell equipment when, how and where we choose.”

EMECO handles complex operations from its Force Equipment, which produces components and repairs, to its Borex drilling company and Pit N Portal, an underground mining service company.

EMECO says its operations are supported by some 1,300 employees equipped with proprietary asset management and fleet optimisation technologies, as well as more than 1,000 pieces of heavy equipment from various quality brands such as Caterpillar, Hitachi, Liebherr and Komatsu.