Tuesday, January 22, 2013

Asteroid Mining

Image: Advocates hope asteroid mining could turn into a trillion-dollar business; others are sceptical 

New Venture 'To Mine Asteroids' -- BBC 

A new venture is joining the effort to extract mineral resources on asteroids. The announcement of plans by Deep Space Industries to exploit the rare metals present in the space rocks turns asteroid mining into a two-horse race.

The other venture, Planetary Resources, went public with its proposals last year. Advocates of asteroid mining hope it could turn into a trillion-dollar business, but some scientists are highly skeptical of the idea.

Read more ....  

My Comment: This is not going to happen .... it is still cheaper to mine on earth.

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