Tellnes is the largest
titanium deposit in Europe and probably the largest titanium deposit in production in the
world today.
It is one (of two) major
hard-rock titanium deposits in production in the world. All other significant titanium
mineral production are from sand deposits.
The ore reserves are 380 million
tons averaging 18 % TiO2 of which approx. 15% TiO2 is as ilmenite
(30% ilmenite) and 3 % of the TiO2 is within other minerals. At depth
additional 250 million tons of ore has been identified.
The Tellnes ilmenite reserve (57
mill. t. contained TiO2) represents 14% of the world reserves of ilmenite,
equivalent to 12 % of the total (ilmenite + rutile) world reserves of titanium minerals.
The Tellnes yearly production, approx. 550.000 t ilmenite concentrate averaging 44.5 % TiO2
in 1999, is 5% of the yearly production of titanium minerals (in contained TiO2)
in the world.