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Celsius Faces Court Setback as Foreclosure Battle Over Makilala Mining Stakes Intensifies
8:16am on Wednesday 2nd of September, 2026 AEST
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Mining
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Celsius Faces Court Setback as Foreclosure Battle Over Makilala Mining Stakes Intensifies
8:16am on Wednesday 2nd of September, 2026 AEST
Key Points
Equinaire resumes foreclosure and auction notices on Celsius’s MMCI stake
Court denies Celsius’s petition to block foreclosure but leaves arbitration open
Temporary Order of Protection lifted after Equinaire posts PHP201 million counterbond
Celsius preparing arbitration filings and court appeal options
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