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View Full Version : Earth-skimming asteroid 'worth more than £125 Billion'


karl
February 13th, 2013, 03:52 PM
The planet's population will undoubtedly be disappointed to watch £125bn sail back off into space this Friday, but experts have said mining the massive rock is impossible.

"Unfortunately, the path of the asteroid is tilted relative to Earth, requiring too much energy to chase it down for mining," Deep Space Industries (DSI) said.

Ready or not for actual asteroid mining missions, DSI is quite ready to project the value to be found in these giant space rocks.

"If the asteroid approaching Earth contains five per cent recoverable water, that alone – in space as rocket fuel – might be worth as much as $65 billion.

"If 10 per cent of its mass is easily recovered iron, nickel and other metals, that could be worth – in space as building material – an additional $130 billion," said chairman Rick Tumlinson in a statement.

DSI plans to send its first probes to scout Near Earth Objects (NEOs) in 2015, to be followed by larger probes in 2016, which will sample NEOs and return with the potential space gold to Earth.

This will be followed by actual mining operations beginning in 2020 – if all goes to plan.


Full story and photos here: http://www.express.co.uk/news/science-technology/377465/Earth-skimming-asteroid-worth-more-than-125-Billion

HowlingSnail
February 13th, 2013, 05:27 PM
Well if mining asteroids gets us more materials, then they should go ahead with their future plans.

Dooby the potato god
February 13th, 2013, 05:39 PM
Woohoo, space industry! :D

Silicate Wielder
February 13th, 2013, 05:57 PM
Finally now we may have found a way to get more resources, if so we can now add onto what we have already. not to mention if we find any fossil fuels on an NEO then that just proves there is life out on some foreign planet.

Cicero
February 20th, 2013, 02:12 AM
It'd be pretty cool to mine an asteroid!

StoneColdNicky
February 20th, 2013, 03:25 AM
They couldn't mine traditionally, though, surely? Wouldn't the speed make it so that it's unable have people standing on it? I mean, it won't be like in the movie, right? (I admit I'm a little naive about this kind of stuff!)

Atonement
February 20th, 2013, 03:39 AM
Basically it comes down to business, doesn't it? Getting and from an asteroid with that load would be quite a hell of an expedition. I doubt the cost to get there is worth the gain from the materials, especially since they obviously don't really know it's composition.

Jess
February 20th, 2013, 01:12 PM
It would be cool to be able to mine from asteroids

Cicero
February 22nd, 2013, 01:55 PM
They couldn't mine traditionally, though, surely? Wouldn't the speed make it so that it's unable have people standing on it? I mean, it won't be like in the movie, right? (I admit I'm a little naive about this kind of stuff!)
I guess so.