Australia's Titanium Sands hits over 1-month high on mining permit application

Titanium Sands

07/01/2026 04:12

** 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;))