[INFOGRAPHIC] Asteroid mining: the making of a trillion-dollar industry

By Admin
While futuristic in nature, asteroid mining is becoming a real possibility and its financial payoff isnt too shabby either. According to space mining s...

While futuristic in nature, asteroid mining is becoming a real possibility and its financial payoff isn’t too shabby either.

According to space mining start-up Planetary Resource, the business of tapping into asteroids from outer space and extracting their precious minerals is estimated to be in the trillion-dollar range. The money maker is the abundance of Platinum Group Metals (PGM), which are exceptionally rare on Earth and extremely valuable as 1,000 cubic centimeters of platinum is worth around $1 million. 

The following infographic reveals how the impossible is actually possible.

The second infographic breaks downs step by step how the process would unfold. It’s pretty straightforward.

The third infographic showcases the true value of the minerals. 

Share

Featured Articles

EC on Importance of Minerals Security Partnership Forum

The European Commission's communications team explains what the Minerals Security Partnership Forum is, what it will do and why it is so important

EU & US form Critical Minerals Security Partnership Forum

European Union & US government form new forum to secure critical mineral supply chains, boost production, secure ESG standards & promote fair competition

World Gold Council: Gold Miners 'Must Create ESG Value'

John Mulligan is Climate Change Lead at the World Gold Council. Here he discusses the sustainability & ESG challenges facing the gold mining industry

Clean Energy Drive 'Fuelling Tech Adoption in Mining'

Technology

Exyn Technologies to Share 3D Mine Survey Insights

Digital Mining

Green Steel Push 'Needs New Regulations and Incentives'

Sustainability