
The deposits in Fanuj can yield 30 million tonnes of titanium ore a year over a period of 400-500 years, head of the board of directors of Makran Steel Jamshid Jahanbakhsh Tehrani said.
Fanuj is a district in Iran’s Sistan-Baluchestan province which is estimated to sit on 3.6 billion tonnes of titanium reserves. The Fanuj prospect includes a cluster of 30 deposits, each able to yield 1 million tonnes of titanium ore per year.