Celsius Resources (CLA)

Shares / Stock Code

CLA

Stock Exchange / Sharemarket

Australian Securities Exchange

Celsius Resources (CLA) shares was listed on the Australian Stock Exchange on March 24, 1988 and is in the Metals & Mining sector. CELSIUS RESOURCES LIMITED is a company aiming to leverage off the coming boom in battery technology. Celsius is currently focused on cobalt projects and is looking to strategically add projects with the potential to contribute metals and materials into the construction and usage of batteries.

Currently around 40% of all cobalt produced is used to make rechargeable batteries. This number is expected to increase to 55% within two years. Cobalt is an essential element in lithium-ion batteries and is a vital material in the rapidly expanding rechargeable battery and Electric Vehicle markets.