Taylor Swift's latest album a 'conceptual' release

Country-pop starlet Taylor Swift, who sold millions of records detailing the agonies of adolescence, said on Tuesday her third album will be a "conceptual" release directed at specific people she met during her dizzying ascent to stardom in the past two years.

"In life you have a lot of situations that pop up and people come into your life and sometimes you don't get to tell them what you wish you would have told them," the 20-year-old singer/songwriter told fans during an internet broadcast.

"This album is my opportunity to do that. Track by track, each song is a different confession to a different person."

The aptly titled Speak Now will come out worldwide on October 25 through Nashville-based independent label Big Machine Records.

Swift said the first single Mine, to be released on August 16 was a song of hope inspired by her recent tendency to run from love.

"I'm never ever going to go past hoping that love can work out," she said.

For the first time, Swift wrote all of the songs herself and she produced the album with Nathan Chapman, who produced her previous releases. An extensive world tour will follow, she said, although dates have not yet been disclosed.