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Why Mining an Asteroid for Water and Precious Metals Isn't as Crazy as it Sounds
Popular Science ^ | 04/24/12 | Clay Dillow

Posted on 04/24/2012 5:20:08 PM PDT by KevinDavis

Billionaire-backed space startup Planetary Resources has officially unveiled its business plan to much fanfare and with few surprises. The company’s principals--which include X-Prize Foundation founder Peter Diamandis, Space Adventures co-founder Eric Anderson, and former NASA Flight Director Chris Lewicki--today pledged that Planetary Resources would make the abundant resources of space available here on Earth, and introduced a couple of the company’s own spacecraft that will make such space prospecting possible. The rush for space resources is officially on.

(Excerpt) Read more at popsci.com ...


TOPICS: Astronomy; Business/Economy
KEYWORDS: space
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To: KevinDavis
A P.S. (that I forgot to include above) - the robot facility that could convert water into rocket fuel, store it, and refuel other robots would be what I want to see the plans of. How big is it (them,) cost of, predicted output at how far into the future.

It is that facility (and others?) placed where, when, and how productive it (they) will be able to be that the whole enterprise must rely on.

Twenty years into the future? At least, I would imagine - and with a world bankrupt and on the verge of world war again, it begins to look like 'pie in the sky.'

21 posted on 04/24/2012 6:27:15 PM PDT by Ron C.
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To: KevinDavis

A cover story for what?
I smell the CIA and another Glomar Challenger stunt.


22 posted on 04/24/2012 6:27:20 PM PDT by gfbtbb (The answer to your question will not be found here.)
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To: RoosterRedux

What would be cheaper, building robots to scour the heavens for water laden asteroids, or building a robotic moon-base to convert the water (supposedly a lot of it, per expert-conjecture) on the moon to rocket fuel?


23 posted on 04/24/2012 6:33:06 PM PDT by Ron C.
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To: KevinDavis
UNCOVERED: Obama to give oil-rich Alaskan (United States) islands, billions of barrels of oil, to Russia...
24 posted on 04/24/2012 7:00:30 PM PDT by ATOMIC_PUNK (Any man may make a mistake ; none but a fool will persist in it . { Latin proverb })
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Click the link. The Republic you save may be your own.

25 posted on 04/24/2012 7:13:48 PM PDT by RedMDer (https://support.woundedwarriorproject.org/default.aspx?tsid=93)
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To: cripplecreek

They seem to be advocating bringing stuff back to Earth. Seems to me it would take as much energy to bring it to the surface (without it all burning up) as it would to blast it off.


26 posted on 04/24/2012 7:19:32 PM PDT by DManA
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To: DManA

Its always easier and cheaper coming down. Coming down is unpowered just for starters. The space shuttle is nothing but a glider.


27 posted on 04/24/2012 7:22:57 PM PDT by cripplecreek (What does it profit a man if he gains the whole world but loses his soul?)
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To: KevinDavis

As long as they are not circling Uranus, you’ll be ok.


28 posted on 04/24/2012 7:31:21 PM PDT by irishtenor (Everything in moderation, however, too much whiskey is just enough... Mark Twain)
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To: JRandomFreeper
Go ahead and worship the dotcom bubble boys. I never said you couldn't.

But maybe someday you can grow up.

29 posted on 04/24/2012 7:38:26 PM PDT by E. Pluribus Unum (Government is the religion of the sociopath.)
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To: cripplecreek

Is a glider practical for an economically significant mass of minerals?


30 posted on 04/24/2012 7:41:32 PM PDT by DManA
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To: E. Pluribus Unum
So you made an assertion without proof.

And find it easier to disparage the person that pointed it out than to provide proof.

K. I'm fairly clear on the maturity issues now.

/johnny

31 posted on 04/24/2012 7:41:50 PM PDT by JRandomFreeper (Gone Galt)
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To: E. Pluribus Unum
So you made an assertion without proof.

And find it easier to disparage the person that pointed it out than to provide proof.

K. I'm fairly clear on the maturity issues now.

/johnny

32 posted on 04/24/2012 7:42:19 PM PDT by JRandomFreeper (Gone Galt)
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To: DManA

Considering the fact that it doesn’t require fuel, I can’t think of a more economic means. After all, why would you need to do it any other way?

Also there’s the fact that we’ve been thinking of this stuff in terms of government which is always wildly overpriced.


33 posted on 04/24/2012 7:46:28 PM PDT by cripplecreek (What does it profit a man if he gains the whole world but loses his soul?)
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To: KevinDavis

Based on what we know now there is nothing on the asteroids that isn’t also on Earth in pretty good quantities.

I suppose hoopla is necessary o get anything done but the cold hard fact is that space exploration is basic research - you shouldn’t expect an economic return but may be worth it for it’s own sake.


34 posted on 04/24/2012 7:48:38 PM PDT by DManA
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To: DManA
An economically significant mass of minerals depends on the mineral.

Platinum is significant in small masses. So are some of the rare earths.

Water would be stupid to return, except as fuel to be used to slow a spacecraft, as would some others, unless they had been worked into valuable end items.

Meter long carbon nano-tubes might be a case for value returning.

But the bottom line is that we don't know until we get there and do it.

What use is a baby? What is the economic return? Maybe a lot, or maybe none.

Same here. Folks will fail, we will learn, and we'll move forward.

/johnny

35 posted on 04/24/2012 7:49:46 PM PDT by JRandomFreeper (Gone Galt)
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To: cripplecreek

What I’m saying is you can bring a ton of space shuttle and a few rock down that way. Can you bring 100 tons down in a glider?


36 posted on 04/24/2012 7:49:56 PM PDT by DManA
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To: JRandomFreeper

See my post #34.


37 posted on 04/24/2012 7:51:13 PM PDT by DManA
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To: DManA

The shuttle weighs 165,000 lbs and can carry another 65,000 in payload. Its 30 year old government tech. I trust private industry to come up with something that far exceeds the shuttle abilities.


38 posted on 04/24/2012 7:55:13 PM PDT by cripplecreek (What does it profit a man if he gains the whole world but loses his soul?)
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To: DManA
Based on what we know now there is nothing on the asteroids that isn’t also on Earth in pretty good quantities.

That is true, on the face of it, but the concentrations are very different. There are asteroids that are solid nickle-iron with a few % of other stuff.

You don't find that kind of ore on earth. Earth mixes stuff up pretty well.

And there has been economic return from space. Billions of dollars worth. Already. Without tapping any minerals.

/johnny

39 posted on 04/24/2012 8:00:19 PM PDT by JRandomFreeper (Gone Galt)
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To: JRandomFreeper

At current platinum prices ($1500+ per oz) I’m getting over a billion and a half dollars for a shuttle bay full of platinum which is one of the common metals in space. (Obviously that’s processed price in a shuttle that wouldn’t be used)


40 posted on 04/24/2012 8:04:32 PM PDT by cripplecreek (What does it profit a man if he gains the whole world but loses his soul?)
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