Asteroid Resources



The asteroids represent an unbelievably vast resevoir of valuable resources - metals, organic compounds, water, and so forth - practically all the raw materials needed for the large-scale colonization of space.

To get some idea of this vast store of wealth, consider a 2km diameter "M class" asteroid which is composed of about 30 billion tons of iron, nickel, cobalt, and small amounts of platinum-group metals. In his book Mining the Sky (ISBN 0-201-47959-1), John Lewis estimates that one of these asteroids contains about $8,000,000,000,000 worth (at current Earth-based prices) of iron and nickel, about another $8,000,000,000,000 worth of cobalt, and about $6,000,000,000,000 worth of platinum-group metals, for a total value of around $20,000,000,000,000.
 
 

Click on the logo to go to the Permanent site. You'll find a wealth of information about resources in space, including asteroids.
SpaceDev  is pioneering the idea of privately funded space missions. In the near term the goal are primarily scientific, but the long term vision includes utilization of space resources.