| ID | 137411 |
| Title Proper | Rationale, strategies, and economics for exploration and mining of asteroids |
| Language | ENG |
| Author | Sommariva, Andrea |
| Summary / Abstract (Note) | The development of off-world sources of critical minerals is creating an opportunity to transform space activity from a consumer of resources into sources of value. This article provides an overview of the rationale for and the feasibility of asteroid mining, based on current technology and information. It concludes that the mining of asteroids is a medium-term to long-term project (20 to 30 years) that requires a stepwise approach. An important step in the development of asteroid mining is the confirmation, through exploration, of the minerals’ abundance on the asteroids. A mission capturing and returning to lunar orbit a single 10-meter-diameter asteroid or a rock off the surface of a larger asteroid accomplishes this goal. This mission would also allow the testing of automated mining and processing equipment, reducing the risks of future large-scale asteroid mining operations. Suggested herein is that asteroids’ exploration be carried out through a partnership between space agencies and private space companies, whereby the two partners can achieve their strategic interests. |
| `In' analytical Note | Astropolitics Vol. 13, No.1; Jan-Apr 2015: p.25-42 |
| Journal Source | Astropolitics Vol: 13 No 1 |
| Key Words | Strategies ; Space Agencies ; Rationale ; Mining of Asteroids ; Private Space Companies |