Fortuna Metals Unveils Major Titanium Mineralization in Malawi
Fortuna Metals Limited (ASX: FUN) has revealed significant titanium mineralization across its Mkanda and Kampini Projects in Malawi, marking a substantial step forward for the company. The discovery comes under the leadership of CEO Tom Langley, who took the helm in September 2025 following the acquisition of rutile projects in the country.
The company has confirmed mineralization in 19 historical drill holes, suggesting strong rutile potential across its extensive landholdings. This discovery is bolstered by the region's established association between rutile and graphite mineralization, with graphite serving as a potential exploration marker for rutile.
Fortuna's projects benefit from excellent infrastructure, including proximity to the capital city, rail access, high-capacity power lines, and plentiful fresh water supplies. This strategic location directly along strike from Sovereign Metals' tier-one Kasiya deposit further enhances the projects' appeal. The Kasiya deposit, with a massive resource of 1.8 billion tonnes at 1% rutile and 1.4% graphite, has a market capitalization of approximately $450 million.
The world market for titanium metal is expected to grow at a compound annual growth rate of 6.5%, reaching US$54 billion by 2034 from US$30 billion in 2025. Rutile, the highest-quality natural source of titanium dioxide (TiO2), commands premium prices in the global stock market today, currently selling for approximately US$1,100-1,700 per tonne.
Fortuna Metals' Phase 1 exploration program has been completed, with first assay results anticipated from November 2025. Following these results, the company plans to analyze the data, reprocess geophysical data, set up an in-country laboratory, and design a larger Phase 2 hand auger drilling program. Investors may be drawn to Fortuna Metals due to its strategic land position, historical validation of mineralization, exposure to critical minerals, dual-commodity potential, and excellent infrastructure.
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