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RWE's giant coal-era excavator draws high demand

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RWE has received 45 bids for one of its giant bucket-wheel excavators used in mining that it put up for sale in an online auction earlier this year, Germany's largest power producer has said.

The 3 500-tonne "Bagger 275" is the smallest of RWE's 22-strong excavator fleet and has a capacity of 60 000 cubic metres per day - enough to fill 24 Olympic-size swimming pools. The auction was started in July and is run by auction house Wilhelm Dechow.

Bids came from interested parties from 22 countries and included players from the mining, logistics and metals recycling industries, an RWE spokesman said following the end of the auction.

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