Hilco Industrial to Conduct Rio Tinto Mineral-Mining Equipment Sale

Oct 11, 2016

Hilco Industrial (www.hilcoind.com), a unit of Hilco Global, announced the upcoming asset sale for Rio Tinto Kennecott, a subsidiary of Rio Tinto Group. This sale is offered in partnership with Perry Videx and Aaron Equipment, and will be conducted via webcast on the HilcoBid auction platform on December 8th, though some assets are currently available for sale at www.hilcoind.com/riotinto.

This sale is highlighted by many late-model, never-used pieces of chemical processing equipment including a solar turbine generator, tower filter presses, horizontal filter presses, air handling, autoclave, boiler,  compactors, blenders & mixers, thermascrew processor, continuous flow 2-zone conveyor dryer/cooler, cage mill, bulk material load/unload/transfer, dryers & kilns, centrifuges, dust collectors, tanks, pumps, valves, electrical components & systems, and many more pieces of miscellaneous equipment.

Rio Tinto Kennecott Copper is an integrated mining operation located outside of Salt Lake City, Utah that includes a Molybdenum Autoclave Plant (MAP).  Molybdenum is a mineral that is found within copper deposits.  The MAP was designed to separate the molybdenum from the copper and process it to chemical grade with high efficiency through an autoclave process.  Rio stopped construction of the project in 2013.  All of the equipment was purchased new and fully-installed, tested, and maintained; partially installed; or is properly stored in climate controlled facilities onsite.

For additional information on the auction, assets sold, or assets remaining, please visithttps://www.hilcoind.com, or contact: