06:41 AM EDT, 08/12/2026 (MT Newswires) -- Celsius Resources (CLA.L) intends to start arbitration to protect its interests ahead of the expiration of a temporary order of protection related to its 40% stake in Philippine-based Makilala Mining Co Inc, or MMCI. The London-listed miner said Wednesday the Regional Trial Court of Makati City in the Philippines issued the order preventing Equinaire Holdings, a unit of Kiri Industries Ltd of India, from proceeding with the foreclosure and a public auction for Celsius' stake in MMCI. The order will expire on Aug. 25. Meanwhile, Equinaire has applied to the court to lift the order. The court is assessing the matter and told the parties to maintain the status quo until the motion is resolved.

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