RBC Capital Markets, a reputable service agency who provides banking, wealth management services, insurance, corporate, investment banking and transaction processing services on a global basis has conducted a capital market analysis indicated that new African iron ore projects will become leading sources for buyers in the eight years of near future.

The gradually rising iron ore demand from China has urged Australian and Brazilian producers to increase their production for the fulfillment while numbers of African projects have released intensive potential with multi advantages compare with few of world traditional producers.

These African projects produce low grade magnetite which suitable in delivery condition along with rapid lead time and government ratified stability agreement plus flexible partnership cooperation.

Hence, RBC Capital Markets has strongly referred these new unknown incentive African projects will be growing into some alternative iron ore producers to supply urgent needed demand globally.