Vale Europe Ltd.

World Renown Precious Metals Refining Operation

Date

Ongoing

Start Time

N/A

Inspection

BY APPOINTMENT ONLY. Please call 416.962.9600 for more details.

Removal

BY APPOINTMENT ONLY. Please call 416.962.9600 for more details.

Location

Vale Europe Ltd.
Bashley Road, London, , England, NW10 6SN

Corporate Assets Inc. is offering for sale, by private liquidation, the assets of Vale Inco Europe Ltd., a globally recognized PGM (precious group metals) refinery located 30 minutes outside of London, UK.

This facility was first established in 1925 and has gone through a tremendous number of upgrades in recent years making it one of the most sophisticated PGM refineries in the world. This facility has refined gold, platinum, palladium, rhodium, ruthenium, iridium & silver! ALL ASSETS PURCHASED will be purged and cleaned of chemicals, and the electrical disconnection and loading onto supplied trucks will be covered by the Vale team at no additional cost to the buyer. This is an exceptional opportunity that must not be missed.

A brief summary of assets are as follows: (2) CHEM RESIST (2015 – £50K NEW EACH) PE100, vertical waste acid holding tanks w/ safety containment enclosures; (15+) CHEM RESIST (2012 – £50K NEW EACH) PE100, vertical waste acid holding tanks w/ safety containment enclosures; (5) horizontal chemical bulk storage S/S & composite tanks; (2) LARGE CHEMICAL SCRUBBING SYSTEMS NEW AS 2011; (3) PFAUDLER (BRAND NEW SPARE – MFG 2014) ASME VIII, jacketed glass lined reactors; (5+) PFAUDLER (SPARE) jacketed glass lined reactors; (25+) PFAUDLER (VARIOUS AGES & CAPACITIES) glass lined jacketed reactors w/ agitators; (3) skid mounted glass reactors w/ agitators; LARGE & COMPLETE EFFLUENT TREATMENT PLANT consisting of (6) 20,000L titanium tanks, associated pumps, instrumentation and filter systems etc.; (2) VEOLIA (2017) water deionization systems w/ SIEMENS PLC controls; (20+) composite acid storage tanks; WELLMAN (2015) car bottom furnace system w/ automatic lift gate; (2) WELLS (2009) car bottom furnace systems; (2) WELLMAN (2008) vertical bell furnace systems; (2) CARBOLITE (2012) retort chamber furnace systems; (2) CARBOLITE (2012) GP330B, stainless steel dig ovens w/ crucibles; (3) CARBOLITE double door batch ovens; INDUCTOTHERM VIP 75 POWER-TRAK, induction melting system w/ (2) furnaces and assortment of NEW spare coils; (2) SWECO (2016) vibratory sifters; RETSCH (2011) BB 3300, hammer mill; (2) GLENN CRESTON hammer mills; (2) 10HP hammer mills; WINKWORTH double drum mixer; (2) NASH vacuum pumps; DONALDSON TORIT (2016) DF04-80, cartridge type dust collector w/ dual cyclones; DONALDSON TORIT (2009) air drying system w/ receiver tank; (10+) PLYMOVENT fume extraction systems; (5+) BAC chillers & air make-up units; (2) COMPAIR (2011) L45S, 60HP variable frequency air compressors; (2) DRYPOINT (2011) air dryers; (2) INGERSOLL RAND 50HP air compressors and dryers; BLACKSTONE 290KVA, 400V diesel backup generator; COMPLETE MAINTENANCE DEPARTMENT; STREET 5T x 30’ single girder bridge crane; HCL chemical scrubber; BRITISH INDUSTRIAL 3T x 30’ double girder bridge crane; PELLOBY 2T x 30’ single girder bridge crane; HUGE BRAND NEW STORES INVENTORY consisting of pumps, motors, valves, instrumentation, electrical accessories, VFD drives, piping, PPE etc.; COMPLETE LABORATORY TESTING DEPARTMENT consisting of HPLC’s, spectrometers, auto samplers etc.; UNIPRIZE vertical milling machine w/ power feed & MUCH MORE!

ONGOING LIQUIDATION

Terms & Conditions

Corporate Assets Inc. assumes no liability for errors or omissions on this Web site. Corporate Assets Inc. expressly reserves the right to determine the manner of conducting the auction as it may deem appropriate. All subject to prior sale.

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MODALITÉS ET CONDITIONS DE VENTE


Payment

-WEBCAST (REMOTE) BIDDERS

Pre-Approval by Corporate Assets Inc. will be required. To participate in the auction you must register and be approved. All Webcast (Remote) Bidders require a deposit equal to 25% of their requested Purchasing Limit (the maximum amount they plan to spend) plus the Buyer's Premium (see below for applicable Buyer's Premium) and must be by Direct Bank Wire Transfer. To ensure approval as a Bidder please make deposit arrangements as far in advance of the sale as possible. For Bank Wire Transfer details, please contact our office at 416.962.9600 and request to speak with an Accounting Administrator.

Invoices for the balance of the purchase price will be emailed and/or faxed to successful bidders within 24 hours of the close of the auction and are due upon receipt.

-GENERAL

All buyers must complete the "Buyer Deposit Form" and provide Corporate Assets Inc. with a 25% deposit of their total intended purchase amount by way of wire transfer.* The deposit must be received by no later than 1 business day prior to the commencement of the sale.**

Payment in full must be made before or immediately after the conclusion of the auction.

* Please keep in mind that bank charges may apply to incoming and/or outgoing wire transfers by your/our bank/financial institution.

** In order to meet the Terms and Conditions of Sale, please keep in mind that wire transfers traditionally take between 2 - 4 business days to be processed by your bank. For Bank Wire Transfer details, please contact our office at 416.962.9600 and request to speak with an Accounting Administrator.

For International (Non Canadian and Non U.S. Residents) Buyers, Webcast Remote Buyers & Online Buyers, all payments shall ONLY be by way of wire transfer.

For Canadian and U.S. On-site Buyers, all payments shall be by way of wire transfer, certified cheque, bank draft, Interac, or company cheque accompanied with a valid bank letter of authorization guaranteeing irrevocable payment to Corporate Assets Inc. in the following format: "Name of Bank hereby guarantees irrevocable payment of cheques payable to Corporate Assets Inc. up to Amount in Words & Currency for purchases made by our client Name of Client. This letter is valid for purchases made at the auction of Name of Auction being held in City, State/Province on Date."

Payment by way of Visa or Mastercard will ONLY be accepted for purchases, and not for deposits, from buyers whose total invoice does not exceed $2,500.00.

Payments may be made in advance of the auction by way of wire transfer and any balance in excess of the balance owing will be refunded after the auction.

The Auctioneer reserves the right to put articles back up for auction if a deposit is not received at or before the time of sale.

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CAD Wire Transfer Details
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Proxy Bidding

To place a proxy bid, please refer to the Corporate Asset Inc. PROXY BID FORM or email us at: info@corpassets.com for more information.

All Proxy Bids must be completed in writing, either typed or hand-written, indicate the name of the auction sale, and must be signed and dated. They must be faxed or mailed to our office and received by no later than 3:00 P.M. EST on the day before the auction.


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