Celsius Resources Limited (ASX/AIM: CLA) engages in mineral exploration and development, primarily focused on copper-gold projects in the Philippines, with additional assets in Australia and Namibia. The company explores and extracts nickel, copper, gold, and cobalt deposits through its subsidiaries; its flagship Maalinao-Caigutan-Biyog (MCB) copper-gold project features JORC-compliant resources totaling 650 million tonnes, including 338 million tonnes at 1.6 million tonnes of copper and 1.3 million ounces of gold; other Philippine projects include Sagay and Botilao copper-gold exploration; legacy assets encompass the Opuwo cobalt-copper project in Namibia and Carnilya Hill nickel-cobalt joint venture in Western Australia, planned for divestment to reduce costs and generate cash. Operations target mining companies, investors, and resource developers in the basic materials sector, with geographic focus on the Philippines, Namibia, and Australia. Founded in 1986 and headquartered at Level 5, 191 St Georges Terrace, Perth, Western Australia, the company changed its name from Celsius Coal Limited in December 2016 to reflect its pivot to critical minerals. Recent developments include the commencement of on-site front-end engineering design (FEED) activities at the MCB project in mid-2025, advancing toward construction in 2026 and first production in 2027; a May 2025 on-loan share agreement (OLSA) with SODOR Inc. to fund feasibility study updates, access road construction, and community training, extended through February 2026; a November 2025 placing raising approximately GBP 530,000 for project support and working capital; and metallurgical testing results supporting MCB operational readiness, alongside reduced-cost progression of Sagay and Botilao projects.