** Shares of mineral explorer Titanium Sands TSL.AX rise 50% to A$0.009, their highest level since December 2
** Co lodges application for industrial mining license for a future heavy mineral mine project in Sri Lanka
** Stock earlier rose as much as 150% to A$0.015, its biggest intraday pct gain since December 2018
** About 11.1 mln shares change hands, 17.1x the 30-day average of 646,639
** Stock up 40% in 2025
(Reporting by Jasmeen Ara Shaikh in Bengaluru)
((Jasmeenaraislam.Shaikh@thomsonreuters.com;))