Vale Europe Ltd.

World Renown Precious Metals Refining Operation



Wednesday, March 11, 2020

Start Time

11:00 AM GMT


Strictly BY APPOINTMENT ONLY. Please contact to setup an appointment.


Removal at this site will be conducted strictly BY APPOINTMENT ONLY. NO EXCEPTIONS.


*Please be aware this site operates a clean/dirty access system. The dirty side requires full PPE: Safety boots, safety glasses, Hard Hat and Hi-Vis at all times. PPE is not allowed in the clean areas, this includes no boots in clean areas. Changing areas are provided. PPE is not provided on site for visitors. All visitors will be escorted at all times.

Corporate Assets Inc. is offering for sale, by online auction, the remaining assets of Vale 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 residue and contaminants. The disconnection, loading and worldwide shipping services will be available for all items at an additional cost. This is an exceptional opportunity that must not be missed.

A brief summary of assets are as follows: SPIRAX SARCO (PURCHASED AND INSTALLED NEW IN 2015 AT A COST OF OVER 2.5M GBP!) self contained packaged steam boiler house consisting of DANSTOKER (2014) OPTI COMBI 6603 18,352L natural gas steam boiler, DUNPHY (2014) TG420YMLVPRTSC natural gas burner and DUNPHY SYSTEM5000 with touch screen control; (1) DANSTOKER (2014) OPTI 600 LUX 14,300L natural gas steam boiler, DUNPHY (2014) TG420YMLVPRTSC natural gas burner and DUNPHY SYSTEM5000 with touch screen control; (1) NALCO ULTRARO skid mounted reverse osmosis water purification system (2) GRUNDFOS 5.5KW stainless steel high pressure pumps; SPIRAX SARCO (2014) TM9/3 10,000L cap. clean water holding tank with external glass sight, (2) DUNPHY B230KZ2 natural gas booster pumps; SPIRAX SARCO process control panel with SIEMENS SIMATIC HMI touchscreen control; NALCO 3D TRASAR water control system; JOHNSON & STARLEY DRAVO 43.6KW natural gas fired indirect heater; exhaust chimney stack; SPIRAX SARCO blow off system; SPIRAX SARCO all bolted construction galvanized steel modular building with (3) overhead roll up doors; KNIGHT-SPECKLEFINE-PRESTON LTD (2012) sampling system consisting of (1) VOLKMANN (2012) VS450 vacuum conveyor with VOLKMANN MULTIJECTOR G3600 vacuum pump, VOLKMANN PT3 3 zone timer; (1) AKO pneumatic pick-up lance with pinch valve; (1) KNIGHT 74mm x 74mm stainless steel feed hopper; (1) PODMORES 200mm x 1000mm horizontal vibratory conveyor; (1) KNIGHT stainless steel 2-way sampling unit; (2) 1800mm x 800mm horizontal drum roller conveyors; steel & aluminum 2 tier platform approx. 3m x 3m x 4.5m h with safety ladders, all-bolted construction; (2) VEOLIA (2017) water deionization systems w/ SIEMENS PLC controls; (2) SWECO (2016) vibratory sifters; (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 consisting of conventional machine tools, workbenches, tools and consumables,  VFD drives, COMPLETE LABORATORY TESTING DEPARTMENT consisting of (2) AGILENT VARIAN 280FS AA SPECTROMETERS; METROHM 700 SERIES TITRINO titrator system, spectrometers, auto samplers; factory support equipment & MUCH MORE!


Haas-Tek Services Ltd
+44(0) 1576 203 074
*Removal at this site will be conducted strictly BY APPOINTMENT ONLY. NO EXCEPTIONS.


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.


A Buyer's Premium of 18% for all Webcast (Remote) bidders will apply at this sale.
Pre-Approval by Corporate Assets Inc. will be required to participate in the sale. Potential Bidders must register and be approved (in person for Onsite auctions or online for Live Webcast auctions). Bidders may be asked to complete the "Buyer Deposit Form" and provide a deposit equal to 25% of their requested Purchasing Limit (the maximum amount they plan to spend) plus the Buyer's Premium (see above for applicable Buyer's Premium) and must be made by Interac e-transfers or Direct Bank Wire Transfer1.
To ensure approval as a Bidder, please contact us to make arrangements as far in advance of the sale as possible. The deposit must be received no later than 1 business day prior to the commencement of the sale2. For Bank Wire Transfer details, please contact our office at 416.962.9600 and request to speak with an Accounting Administrator.


  1. Please keep in mind that bank charges may apply to incoming and/or outgoing wire transfers by your/our bank/financial institution.
  2. 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.

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.

Payment in full must be made before or immediately after the conclusion of the auction.
For International (Non-Canadian and Non-U.S. Residents) Buyers all payments and deposits shall ONLY be made by wire transfer.
For Canadian and U.S. Buyers, all payments can be made by wire transfer, certified cheque, bank draft, Interac Debit, Visa, Mastercard, Interac e-transfers, 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, Mastercard will ONLY be accepted for purchases, and not for deposits, from buyers whose total invoice does not exceed $2,500.
  • Payment by way of Interac e-Transfers will ONLY be accepted for purchases from buyers whose total invoice does not exceed $25,000.
  • 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.

Removal Details

Applicable for all Purchasers, their employees, riggers, machinery movers, contractors, and agents who participate in the disconnection and/or removal of items purchased at auction.


Purchasers are responsible for removing all articles purchased unless an Exclusive Rigger* has been designated for the sale. “CI” on the purchaser’s invoice designates that a proper certificate of insurance is required before any item marked “CI” can be mechanically removed. Furthermore, properly authorized rigger release instructions, in writing, are required by Corporate Assets Inc.’s office before a Purchaser/Mover/Rigger can commence removal of these items. These forms can be downloaded below.




*For sales with Exclusive Riggers, removal fees will apply. Please refer to the posted Lot Catalogue for pricing. Fees do not include container loading, blocking/bracing, specialty packaging, shipping, or other services. Trucking and transport services may be available through a third-party supplier. Contact for details. The Buyer's Premium does not apply to posted rigging fees.