Selling mining equipment to a global buyer base
With the end of the year approaching, Ritchie Bros. is gearing up for its last Dubai equipment auction of 2019. The event, which features hydraulic excavators, dozers, loaders, graders and many other equipment, will be held on December 10 and 11 at Dubai's Jebel Ali Free zone. There are no reserve prices at the auction, meaning that everything is guaranteed to sell to the highest bidders during the two-day event.<p></p><p>Many equipment are being added to the inventory by businesses from the UAE, India and other regions. In the weeks before the auction days, Ritchie Bros.' global buyer base will be searching the inventory for items of interest and making plans to visit the auction during its viewing days.</p><p>Ritchie Bros. auctions in Dubai are held several times a year and are known among heavy machinery users for their large selections of items. At the company's previous two-day auction in September, more than 180 companies from the Middle East, Africa, India and other regions sold more than 1,280 units of equipment. Over a thousand people registered to bid at the auction, including many bidders from India. With more than 60 years in the heavy equipment business, Ritchie Bros. offers its selling customers a reliable way to turn equipment into cash. For Indian businesses, the Dubai auctions are popular, although they are also selling at other Ritchie Bros. auctions around the world, including Europe, Asia and Central America. </p><p>On the auction days, equipment buyers join on-site and online and come with a big appetite for heavy equipment from their favourite manufacturers. It is an almost theatrical event with a live "chanting" auctioneer, bid catchers and seemingly endless rows of shiny machinery driving past the bidding crowd. Those who can't attend in person join the bidding live online through the company's website. </p><p>Already in inventory for the December Dubai auction are a 2015 Caterpillar 950GC wheel loader, a 2010 Caterpillar D6G crawler tractor, a 2007 Case 921E wheel loader and many more. Full inventory and more details are available at www.rbauction.com/dubai.</p><p> For further information: Kiran Dileema, India Sales Representative Tel: +971.50.459.4701 Email: klima@ritchiebros.com (Communication provided by company)</p>