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> Luxembourg is very bullish on asteroid mining. They think it’s gonna be a huge business five, ten, fifteen, twenty years from now. That timeline seems comica
by jeffreyrogers 8y ago
> Luxembourg is very bullish on asteroid mining. They think it’s gonna be a huge business five, ten, fifteen, twenty years from now.
That timeline seems comically bullish. What's the biggest thing we've brought back to earth on an unmanned mission to date? Probably a few grams of asteroid dust. That timeline is maybe right for autonomous cars, but I doubt we'll see mining on an economically significant level in any of our lifetimes. It just doesn't make sense from a cost perspective when we have plenty of resources on earth that can still be extracted. I guess you can make a case for doing it to learn how to build things in space, but again, the engineering hurdles are huge, so no way that's going to matter any time soon.
- khuey 8y agoMining platinum group metals from asteroids could be economically viable within our lifetimes. Those elements are expensive and very rare in the Earth's crust.
- Someone 8y agoThe Soviet Union brought back about 300 grams of lunar material in the ‘70s (https://en.wikipedia.org/wiki/Moon_rock#Unmanned_sample_returns https://en.wikipedia.org/wiki/Moon_rock#Unmanned_sample_retu...) Still not much, but quite a bit more than a few grams.
- Latteland 8y agoAnd the us brought back 842 lbs of moon rocks according to wikipedia.