The biggest potential for growth
in the iron - ore industry
lies with countries
in the «Next 20», which refers to the 20
growing non-Bric bloc developing
economies, including Indonesia, Pakistan, Bangladesh, Mexico, Philippines, and several sub-Saharan African nations, including Nigeria, Ethiopia, the Democratic Republic of Congo, Tanzania and South Africa.
«I think the reason
lies in the fact that this present globalized
economy leaves masses of people uprooted and abandoned on the periphery of ever
growing large cities, where they are engaged
in a desperate struggle for daily survival.