Skip to main content

Ritchie Bros. two-day Australian auction sales bonanza

Ritchie Bros. Auctioneers is preparing for a two-day Australian construction machinery sales bonanza. The world renowned Canadian industrial equipment auctioneers will auction off 75 wheeled loaders and 70 hydraulic excavators at unreserved public auctions in Brisbane, Queensland on September 18, and Geelong, Victoria on September 20. Nearly 1,350 pieces of equipment in total will be sold over the two auctions—with each piece being sold to the highest bidder, regardless of price—without minimum bids or rese
September 6, 2012 Read time: 2 mins
318 Ritchie Bros. Auctioneers is preparing for a two-day Australian construction machinery sales bonanza.

The world renowned Canadian industrial equipment auctioneers will auction off 75 wheeled loaders and 70 hydraulic excavators at unreserved public auctions in Brisbane, Queensland on September 18, and Geelong, Victoria on September 20. Nearly 1,350 pieces of equipment in total will be sold over the two auctions—with each piece being sold to the highest bidder, regardless of price—without minimum bids or reserve prices.

One month later, Ritchie Bros. will conduct another unreserved auction in Bunbury, Perth on October 23, 2012, which features a selection of late-model articulated dump trucks, wheeled loaders and other machines.

"All three of our upcoming Australia auctions feature a large selection of late-model equipment—from wheeled loaders to hydraulic excavators, articulated dump trucks to prime movers and more,” said Warwick Mackrell, vice president, Ritchie Bros.

Auctioneers. “In Brisbane and Geelong alone we will sell more than 20 unused 2012 wheeled loaders, and another six a month later at our auction in Bunbury, near Perth. Our last Brisbane and Geelong auctions in June attracted bidders from 39 countries.”

Related Content

  • The new agile world of the construction equipment industry
    June 22, 2015
    while worldwide for 2015 a crystalball would be helpful, in Europe the sector has already listed specific priorities it wants to tackle, and among these are the upcoming emissions regulations (see separate story), external trade and access to foreign markets, and market surveillance.
  • Boom in Asian infrastructure investment
    April 5, 2012
    Investment in China and India continues unabated, but other nations on the continent are eager to attract companies as Patrick Smith reports Asia is still booming despite the current economic crisis, and new infrastructure programmes are constantly coming on stream. Powerhouses China and India, with their double-digit growth figures and huge infrastructure plans (in scope and cost), are leading the way and are still magnets for businesses wishing to expand, both in terms of facilities and customers. But oth
  • Kobelco posts financial results
    November 21, 2014
    Kobelco Construction Machinery has posted its semi-annual results for the 2014 financial year. The results give grounds for caution as well as some optimism however. In the Japanese hydraulic excavator market, a significant decline was expected initially in response to the impact of last-minute demand in the previous financial year. However, the decline was less than expected owing to strong domestic demand. As a result, the total domestic demand for heavy hydraulic excavators in the first half decreased by
  • Morocco extraction site service capability
    July 15, 2016
    Phosphate extraction is carried out on a huge scale in Morocco in harsh, hot and often remote locations. Servicing this equipment is no easy task given the conditions, with special machines having to be used Phosphate is in high demand. It is used in fertilizer, detergent and food additives. However its fastest growing market is in the manufacturing of lithium-ion batteries, now being used widely for commercial goods as well as electric vehicles. As Morocco is the world's third-largest producer of phosphate