Saturday, July 7, 2012

Next Big Future: Could mining asteroids become a trillion dollar in...

Next Big Future: Could mining asteroids become a trillion dollar in...: There are approximately 1500 asteroids that are close to the earth and relatively easy to access. These asteroids contain substantial quanti...

Question: How much will it cost to harvest the first asteroid?

The cost will probably be into the billions of dollars, similar to large resource projects here on Earth. But given that a single asteroid could easily contain billions of dollars of platinum group metals alone, we are confident that these efforts will be profitable. Planetary Resources will finance our missions using the structures and systems already in place within the resource industry for funding exploration.

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