3 ms·
According to wikipedia, it's compsition is mostly Iron and Nickel. Gold would only be a trace. Iron and Nickel at 1/10th the current cost would have a big econ
by kristianp 7y ago
According to wikipedia, it's compsition is mostly Iron and Nickel. Gold would only be a trace. Iron and Nickel at 1/10th the current cost would have a big economic impact.
Lower prices for resources would make us richer in spending power.
An asteroid miner, just like a Bhp or Mincore, would have to take into account the effect on market prices of a large new supply.
Mass of (2.41±0.32)×10^19 kg
- aaronblohowiak 7y agoA ton of iron scrap is about $160, if my math is right. A ton of iron ore is $70. I do not believe that reducing that price to 1/10th of present would be huge — most of the cost now IIUC is in processing.