I was thinking on Ruston, I really like it and it's a word play with "a ton of rust" :)
And technically iron oxide is already removed from the "true name": according to Graydon's recollection[0] it was named after the fungi[1].
[0] https://www.reddit.com/r/rust/comments/27jvdt/internet_archa...
[1] https://en.wikipedia.org/wiki/Rust_(fungus)
The fungus looks a lot like pest eggs, so it was a relative relief to discover.
[1] https://en.wikipedia.org/wiki/The_Iron_Snake