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To: BenLurkin

Based on the prices at the local scrap yard for ferrous metal, I’m pretty confident I wont be investing in asteroid iron mining.


6 posted on 02/28/2020 10:10:24 PM PST by chrisser
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To: chrisser

A few years ago my BIL gave up on a project car and called a ‘recycler’ to sell the hulk for scrap. He was shocked to be offered only $150.


7 posted on 02/28/2020 11:54:14 PM PST by jimtorr
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To: chrisser
Based on the prices at the local scrap yard for ferrous metal, I’m pretty confident I wont be investing in asteroid iron mining.

It's no just what is found, but where it is located that matters

If you want to build structures in space, you need materials.

Due to gravity, transporting them from earth is horribly expensive.

Transporting materials from one location of low or no gravity to another is relatively cheap.

Smelting in space is easy due to unlimited solar power.

8 posted on 02/29/2020 12:46:35 AM PST by Mogger
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