I’m so intrigued by the prospect of mining asteroids! The amounts of metals and other resources, including rarer things like platinum family metals is incredible. There are some serious challenges that would need to be overcome, but the first country or company which pulls it off would open the doors to a future where we don’t need to rip up earth to obtain all the rare stuff we need for high tech industry. And with huge amounts of asteroids being in the belts in our solar system, a practically inexhaustible supply too.
It is exciting but what’s the market? It’s hard to see this being at all a reasonable cost having to bring it back to Earth, especially unrefined, and it’s hard to imagine it not being worse than current mining, given the flight back to Earth, especially if refining is still on Earth
On the other hand I’m more excited over mining regolith and water. Such simple things, but will be a huge difference in cost to maintain any off-world presence. Shelter, radiation control, rocket fuel, drinking and bathing, growing food : water and dirt are pretty basic, but just think of the sheer tonnage of supply missions launching from Earth it could replace
I think the real value is amount of rare metals that could be harvested, scientists have found an asteroid that is comprised mostly of metals. Scientists think it may be the exposed core of a proto planet:
Metal asteroid Psyche has a ridiculously high ‘value.’ But what does that even mean?
So that kind of haul could potentially be worth it, but smelting, refinement and processing would probably be more cost effective in space. Who knows what the future will bring, mining the asteroid belt may only make sense once we have a much strong presence in space, I.E., colonies on Mars, the Moon, etc etc.
This is a lot of exciting words to say “instead of digging up the effectively limitless amount of rock under our feet we can go into space to do it in the least efficient and most expensive way”
It’s very cool, but I would rather we spend our time and resources on more pressing things, given we have the rocks right here.
I would agree if mining the rocks on earth didn’t cause ecological collapses and kill off animals and displace indigenous and exploit underprivileged ethnic classes in post colonial hellholes
I’m sure mining in space will have its own problems but at least it can’t kill our biosphere
Rocks ≠ ore. There are numerous materials (e.g. lithium) for the total known deposits on Earth won’t cover more than a few decades’ worth of projected demand, and even then, the mining process is an environmental disaster. Asteroid mining is a long-term project that will require huge advances in multiple fields, but it addresses a real need.
known deposits. There’s functionally endless amounts of all elements we need on earth. And there is zero need to go mine asteroids at a truely astronomical cost of efficiency.
If it’s truly the “least efficient and most expensive way” of mining then you have no reason to be the slightest bit worried, it won’t get done in that case. Obviously.
This is true, but you’ll also see a lot of investment scams by internet famous people, like funding a space company on the lies of Mars colonies
I can imagine a sort of a conveyor belt made of miniature cargo vessel with one robotized mining station at one end, cutting away an asteroid piece by piece, and a cargo dock at the Earth side.
With enough cargo vessels deployed, let’s say one would arrive at each end everyother day, the moment the conveyor belt was full, the mining operation would be swift.
Assuming a global deal between nations could be struck to have a refinery or at least a cargo dock placed on the moon, to organize large cargos to come to Earth at programmed intervals, it could prove to be a very interesting endeavour.
Raw matterials price could drop, given the sheer available volume.
At least it sounds like a diferent sci-fi plot
Launch costs are coming way down. Once we get enough people into space to get industry going this will be great. Give adventureous people something to do and not destroy our planet. Asteriods are airless lumps of rock and metal just hanging around.
ROCK AND STONE
I sure hope we find a way to do this and spread the increase in wealth and prosperity mostly equally amongst all people.
I would hate it if one guy got super powerful and filthy rich off this and then monopolized the asteroid mining industry.
If the movie Armageddon taught us anything it’s that it’ll be super easy to train miners for space.
