I have a 1979 P323, Volvo Md11C
Do you have a Volvo MD11C?
I am almost 100% certain your tank is aluminum and was speced out in the initial design and the tank was fabricated by this company.
http://www.floridamarinetanks.com/ There is a tag on the tank. I replaced mine in 1997. I gave the part # to these guys, they looked up the plans, had it in less than a week.
The "rust" you see is dried fuel.
The tanks generally last 20 years. The good news, if you need to replace the tank, it come out easily through the locker.
I have friends that have encapsulated tanks fail, what a disaster
BobG