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Celsius Battles to Reclaim Control of Makilala Mining Amid Boardroom Shakeup
8:42am on Wednesday 6th of May, 2026 AEST
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Mining
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Celsius Battles to Reclaim Control of Makilala Mining Amid Boardroom Shakeup
8:42am on Wednesday 6th of May, 2026 AEST
Key Points
Sodor’s payment deadline for MMCI stake expired but control maintained
Emergency legal orders by Celsius denied, status quo upheld
Board reshuffle sees Julito Sarmiento reappointed as Chair and President
Celsius pursues broader arbitration to enforce share relinquishment
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