MCC Plant to auctions stock valued over R70 million

MCC Plant to auctions stock valued over R70 million

MCC Plant will auction a wide selection of yellow metal equipment valued over R70 million on 30 March 2017 following a plant equipment review.

The auction comes following a full review of plant equipment by MCC Plant in line with a strategic move by the company to undertake bold steps to realign its portfolio and core outlook of the business.

In mid-2016, it was confirmed that enX Group acquired Eqstra Holdings’ industrial equipment and fleet management divisions. The aim of the deal was to enable the recapitalisation of Eqstra’s contract mining division and MCC Plant.

MCC Plant, online auction
MCC Plant has reviewed its plant and decided to dispose of non-core or surplus yellow metal. Image from MCC Plant.

In the current mining environment where being nimble and lean is key to medium – and long-term growth and sustainability – MCC Plant has reviewed its plant and decided to dispose of non-core or surplus yellow metal.

Read the full article HERE

Credit: miningreview.com

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