** Shares of Toro Energy rise as much as 9.1% to A$0.300, their highest since Oct. 2
** Uranium explorer says it has initiated integration of vanadium into its Lake Maitland uranium resource at Wiluna Uranium Project in Western Australia
** Says re-optimizing the mining pit will increase production of uranium and vanadium
** Stock set to rise for third straight session, if current gains hold
** Including session's gains, stock down ~37% YTD
(Reporting by Kumar Tanishk in Bengaluru)
((Tanishk.Kumar@thomsonreuters.com;))
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