Asteroid Mining
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Asteroid mining is the hypothetical extraction of materials from
asteroid An asteroid is a minor planet—an object larger than a meteoroid that is neither a planet nor an identified comet—that orbits within the Solar System#Inner Solar System, inner Solar System or is co-orbital with Jupiter (Trojan asteroids). As ...
s and other
minor planet According to the International Astronomical Union (IAU), a minor planet is an astronomical object in direct orbit around the Sun that is exclusively classified as neither a planet nor a comet. Before 2006, the IAU officially used the term ''minor ...
s, including
near-Earth object A near-Earth object (NEO) is any small Solar System body orbiting the Sun whose closest approach to the Sun ( perihelion) is less than 1.3 times the Earth–Sun distance (astronomical unit, AU). This definition applies to the object's orbit a ...
s. Notable asteroid mining challenges include the high cost of
spaceflight Spaceflight (or space flight) is an application of astronautics to fly objects, usually spacecraft, into or through outer space, either with or without humans on board. Most spaceflight is uncrewed and conducted mainly with spacecraft such ...
, unreliable identification of asteroids which are suitable for mining, and the challenges of extracting usable material in a space environment. Asteroid sample return research missions, such as '' Hayabusa'', '' Hayabusa2'', ''
OSIRIS-REx OSIRIS-REx was a NASA asteroid-study and sample-return mission that visited and collected samples from 101955 Bennu, a C-type asteroid, carbonaceous near-Earth object, near-Earth asteroid. The material, returned in September 2023, is expected ...
'', and '' Tianwen-2'' illustrate the challenges of collecting ore from space using current technology. As of 2024, around 127 grams of asteroid material has been successfully brought to Earth from space. Asteroid research missions are complex endeavors and yield a tiny amount of material (less than 100 milligrams ''Hayabusa'', 5.4 grams ''Hayabusa2'', ~121.6 grams ''OSIRIS-REx'', Tianwen-2 (in progress)) relative to the size and expense of these projects ($300 million ''Hayabusa'', $800 million ''Hayabusa2'', $1.16 billion ''OSIRIS-REx'', $70 million ''Tianwen-2''). The history of asteroid mining is brief but features a gradual development. Ideas of which asteroids to prospect, how to gather resources, and what to do with those resources have evolved over the decades.


History


Prior to 1970

Before 1970, asteroid mining existed largely within the realm of science fiction. Publications such as ''Worlds of If'', ''Scavengers in Space'', and ''Miners in the Sky'' told stories about the conceived dangers, motives, and experiences of mining asteroids. At the same time, many researchers in academia speculated about the profits that could be gained from asteroid mining, but they lacked the technology to seriously pursue the idea.


The 1970s

In 1969, the
Apollo 11 Apollo 11 was a spaceflight conducted from July 16 to 24, 1969, by the United States and launched by NASA. It marked the first time that humans Moon landing, landed on the Moon. Commander Neil Armstrong and Lunar Module pilot Buzz Aldrin l ...
Moon Landing spurred a wave of scientific interest in human space activity far beyond the Earth's orbit. As the decade continued, more and more academic interest surrounded the topic of asteroid mining. A good deal of serious academic consideration was aimed at mining asteroids located closer to Earth than the main asteroid belt. In particular, the asteroid groups
Apollo Apollo is one of the Twelve Olympians, Olympian deities in Ancient Greek religion, ancient Greek and Ancient Roman religion, Roman religion and Greek mythology, Greek and Roman mythology. Apollo has been recognized as a god of archery, mu ...
and Amor were considered. These groups were chosen not only because of their proximity to Earth but also because many at the time thought they were rich in raw materials that could be refined. Despite the wave of interest, many in the space science community were aware of how little was known about asteroids and encouraged a more gradual and systematic approach to asteroid mining.


The 1980s

Academic interest in asteroid mining continued into the 1980s. The idea of targeting the Apollo and Amor asteroid groups still had some popularity. However, by the late 1980s the interest in the Apollo and Amor asteroid groups was being replaced with interest in the moons of Mars, Phobos and Deimos. Organizations like
NASA The National Aeronautics and Space Administration (NASA ) is an independent agencies of the United States government, independent agency of the federal government of the United States, US federal government responsible for the United States ...
begin to formulate ideas of how to process materials in space and what to do with the materials that are hypothetically gathered from space.


The 1990s

New reasons emerged for pursuing asteroid mining. These reasons tended to revolve around environmental concerns, such as fears over humans over-consuming the Earth's natural resources and trying to capture energy from the Sun in space. In the same decade, NASA was trying to establish what materials in asteroids could be valuable for extraction. These materials included free metals, volatiles, and bulk dirt.


The 2010s

After a burst of interest in the 2010s, asteroid mining ambitions shifted to more distant long-term goals and some 'asteroid mining' companies pivoted to more general-purpose propulsion technology.


The 2020s

The 2020s have brought a resurgence of interest, with companies from the United States, Europe, and China renewing their efforts in this ambitious venture. This revival is fueled by a new era of commercial space exploration, significantly driven by
SpaceX Space Exploration Technologies Corp., commonly referred to as SpaceX, is an America, American space technology company headquartered at the SpaceX Starbase, Starbase development site in Starbase, Texas. Since its founding in 2002, the compa ...
. SpaceX's development of reusable rocket boosters has substantially lowered the cost of space access, reigniting interest and investment in asteroid mining. A US congressional committee acknowledged this renewed interest by holding a hearing on the topic in December 2023. There are also endeavors to make first-time landings on M-type asteroids to mine metals like
iridium Iridium is a chemical element; it has the symbol Ir and atomic number 77. This very hard, brittle, silvery-white transition metal of the platinum group, is considered the second-densest naturally occurring metal (after osmium) with a density ...
which sells for many thousands of dollars per ounce. Private company driven efforts have also given rise to a new culture of secrecy obfuscating which asteroids are identified and targeted for mining missions, whereas previously government-led asteroid research and exploration operated with more transparency.


Minerals in space

As
resource depletion Resource depletion occurs when a natural resource is consumed faster than it can be replenished. The value of a resource depends on its availability in nature and the cost of extracting it. By the law of supply and demand, the Scarcity, scarcer ...
on Earth becomes more of a concern, the idea of extracting valuable elements from asteroids and transporting them to
Earth Earth is the third planet from the Sun and the only astronomical object known to Planetary habitability, harbor life. This is enabled by Earth being an ocean world, the only one in the Solar System sustaining liquid surface water. Almost all ...
for profit, or using space-based resources to build solar-power satellites and space habitats, becomes more attractive. Hypothetically, water processed from ice could refuel orbiting propellant depots. Although
asteroids An asteroid is a minor planet—an object larger than a meteoroid that is neither a planet nor an identified comet—that orbits within the Solar System#Inner Solar System, inner Solar System or is co-orbital with Jupiter (Trojan asteroids). As ...
and Earth accreted from the same starting materials, Earth's relatively stronger gravity pulled all heavy siderophilic (iron-loving) elements into its core during its molten youth more than four billion years ago. This left the crust depleted of such valuable elements until a rain of asteroid impacts re-infused the depleted crust with metals like
gold Gold is a chemical element; it has chemical symbol Au (from Latin ) and atomic number 79. In its pure form, it is a brightness, bright, slightly orange-yellow, dense, soft, malleable, and ductile metal. Chemically, gold is a transition metal ...
,
cobalt Cobalt is a chemical element; it has Symbol (chemistry), symbol Co and atomic number 27. As with nickel, cobalt is found in the Earth's crust only in a chemically combined form, save for small deposits found in alloys of natural meteoric iron. ...
,
iron Iron is a chemical element; it has symbol Fe () and atomic number 26. It is a metal that belongs to the first transition series and group 8 of the periodic table. It is, by mass, the most common element on Earth, forming much of Earth's o ...
,
manganese Manganese is a chemical element; it has Symbol (chemistry), symbol Mn and atomic number 25. It is a hard, brittle, silvery metal, often found in minerals in combination with iron. Manganese was first isolated in the 1770s. It is a transition m ...
,
molybdenum Molybdenum is a chemical element; it has Symbol (chemistry), symbol Mo (from Neo-Latin ''molybdaenum'') and atomic number 42. The name derived from Ancient Greek ', meaning lead, since its ores were confused with lead ores. Molybdenum minerals hav ...
,
nickel Nickel is a chemical element; it has symbol Ni and atomic number 28. It is a silvery-white lustrous metal with a slight golden tinge. Nickel is a hard and ductile transition metal. Pure nickel is chemically reactive, but large pieces are slo ...
, osmium,
palladium Palladium is a chemical element; it has symbol Pd and atomic number 46. It is a rare and lustrous silvery-white metal discovered in 1802 by the English chemist William Hyde Wollaston. He named it after the asteroid Pallas (formally 2 Pallas), ...
,
platinum Platinum is a chemical element; it has Symbol (chemistry), symbol Pt and atomic number 78. It is a density, dense, malleable, ductility, ductile, highly unreactive, precious metal, precious, silverish-white transition metal. Its name origina ...
, rhenium,
rhodium Rhodium is a chemical element; it has symbol Rh and atomic number 45. It is a very rare, silvery-white, hard, corrosion-resistant transition metal. It is a noble metal and a member of the platinum group. It has only one naturally occurring isot ...
, ruthenium and
tungsten Tungsten (also called wolfram) is a chemical element; it has symbol W and atomic number 74. It is a metal found naturally on Earth almost exclusively in compounds with other elements. It was identified as a distinct element in 1781 and first ...
(some flow from core to surface does occur, e.g. at the
Bushveld Igneous Complex The Bushveld Igneous Complex (BIC) is the largest Layered intrusion, layered igneous intrusion within the Earth's Crust (geology), crust. It has been tilted and Erosion, eroded forming the outcrops around what appears to be the edge of a great Ba ...
, a famously rich source of platinum-group metals). Today, these metals are mined from Earth's crust, and they are essential for economic and technological progress. Hence, the geologic history of Earth may very well set the stage for a future of asteroid mining. In 2006, the Keck Observatory announced that the binary
Jupiter trojan The Jupiter trojans, commonly called trojan asteroids or simply trojans, are a large group of asteroids that share the planet Jupiter's orbit around the Sun. Relative to Jupiter, each Trojan (celestial body), trojan Libration point orbit, librat ...
617 Patroclus, and possibly large numbers of other Jupiter trojans, are likely extinct comets and consist largely of water ice. Similarly, Jupiter-family comets, and possibly near-Earth asteroids that are extinct comets, might also provide water. The process of in-situ resource utilization—using materials native to space for propellant, thermal management, tankage, radiation shielding, and other high-mass components of space infrastructure—could lead to radical reductions in its cost. Although whether these cost reductions could be achieved, and if achieved would offset the enormous infrastructure investment required, is unknown. From the astrobiological perspective, asteroid prospecting could provide scientific data for the search for extraterrestrial intelligence (
SETI Seti or SETI may refer to: Astrobiology * SETI, the search for extraterrestrial intelligence. ** SETI Institute, an astronomical research organization *** SETIcon, a former convention organized by the SETI Institute ** Berkeley SETI Research Cent ...
). Some astrophysicists have suggested that if advanced extraterrestrial civilizations employed asteroid mining long ago, the hallmarks of these activities might be detectable. An important factor to consider in target selection is orbital economics, in particular the change in velocity ( Δv) and travel time to and from the target. More of the extracted native material must be expended as
propellant A propellant (or propellent) is a mass that is expelled or expanded in such a way as to create a thrust or another motive force in accordance with Newton's third law of motion, and "propel" a vehicle, projectile, or fluid payload. In vehicle ...
in higher Δv trajectories, thus less returned as payload. Direct Hohmann trajectories are faster than Hohmann trajectories assisted by planetary and/or lunar flybys, which in turn are faster than those of the Interplanetary Transport Network, but the reduction in transfer time comes at the cost of increased Δv requirements. The Easily Recoverable Object (ERO) subclass of Near-Earth asteroids are considered likely candidates for early mining activity. Their low Δv makes them suitable for use in extracting construction materials for near-Earth space-based facilities, greatly reducing the economic cost of transporting supplies into Earth orbit. The table above shows a comparison of Δv requirements for various missions. In terms of propulsion energy requirements, a mission to a near-Earth asteroid compares favorably to alternative mining missions. An example of a potential target for an early asteroid mining expedition is 4660 Nereus, expected to be mainly enstatite. This body has a very low Δv compared to lifting materials from the surface of the Moon. However, it would require a much longer round-trip to return the material. Multiple types of asteroids have been identified but the three main types would include the C-type, S-type, and M-type asteroids: *
C-type asteroid C-type (carbonaceous ) asteroids are the most common variety, forming around 75% of known asteroids. They are volatile-rich and distinguished by a very low albedo because their composition includes a large amount of carbon, in addition to rocks ...
s have a high abundance of water which is not currently of use for mining, but could be used in an exploration effort beyond the asteroid. Mission costs could be reduced by using the available water from the asteroid. C-type asteroids also have high amounts of organic
carbon Carbon () is a chemical element; it has chemical symbol, symbol C and atomic number 6. It is nonmetallic and tetravalence, tetravalent—meaning that its atoms are able to form up to four covalent bonds due to its valence shell exhibiting 4 ...
,
phosphorus Phosphorus is a chemical element; it has Chemical symbol, symbol P and atomic number 15. All elemental forms of phosphorus are highly Reactivity (chemistry), reactive and are therefore never found in nature. They can nevertheless be prepared ar ...
, and other key ingredients for
fertilizer A fertilizer or fertiliser is any material of natural or synthetic origin that is applied to soil or to plant tissues to supply plant nutrients. Fertilizers may be distinct from liming materials or other non-nutrient soil amendments. Man ...
which could be used to grow food. * S-type asteroids carry little water but are more attractive because they contain numerous metals, including nickel, cobalt, and more valuable metals, such as gold, platinum, and rhodium. A small 10-meter S-type asteroid contains about of metal with in the form of rare metals like platinum and gold. * M-type asteroids are rare but contain up to 10 times more metal than S-types. A class of "easily retrievable objects" (EROs) was identified by a group of researchers in 2013. Twelve asteroids made up the initially identified group, all of which could be potentially mined with present-day rocket technology. Of 9,000 asteroids searched in the NEO database, these twelve could all be brought into an Earth-accessible orbit by changing their
velocity Velocity is a measurement of speed in a certain direction of motion. It is a fundamental concept in kinematics, the branch of classical mechanics that describes the motion of physical objects. Velocity is a vector (geometry), vector Physical q ...
by less than . The dozen asteroids range in size from .


Mining considerations

There are four options for mining: # In-space manufacturing (ISM), which may be enabled by biomining. # Bring raw asteroidal material to Earth for use. # Process asteroidal material on-site to bring back only processed materials, and perhaps produce propellant for the return trip. # Transport the asteroid to a safe orbit around the Moon or Earth or to a space station. This can hypothetically allow for most materials to be used and not wasted. Processing ''in situ'' for the purpose of extracting high-value minerals will reduce the energy requirements for transporting the materials, although the processing facilities must first be transported to the mining site. ''In situ'' mining will involve drilling boreholes and injecting hot fluid/gas and allow the useful material to react or melt with the solvent and extract the solute. Due to the weak gravitational fields of asteroids, any activities, like drilling, will cause large disturbances and form dust clouds. These might be confined by some dome or bubble barrier. Or else some means of rapidly dissipating any dust could be provided. Mining operations require special equipment to handle the extraction and processing of ore in outer space. The machinery will need to be anchored to the body, but once in place, the ore can be moved about more readily due to the lack of gravity. However, no techniques for refining ore in zero gravity currently exist. Docking with an asteroid might be performed using a harpoon-like process, where a projectile would penetrate the surface to serve as an anchor; then an attached cable would be used to winch the vehicle to the surface, if the asteroid is both penetrable and rigid enough for a harpoon to be effective. Due to the distance from Earth to an asteroid selected for mining, the round-trip time for communications will be several minutes or more, except during occasional close approaches to Earth by near-Earth asteroids. Thus any mining equipment will either need to be highly automated, or a human presence will be needed nearby. Humans would also be useful for troubleshooting problems and for maintaining the equipment. On the other hand, multi-minute communications delays have not prevented the success of robotic
exploration of Mars The planet Mars has been explored remotely by spacecraft. Uncrewed spacecraft, Probes sent from Earth, beginning in the late 20th century, have yielded a large increase in knowledge about the Martian system, focused primarily on understanding G ...
, and automated systems would be much less expensive to build and deploy.


Mining projects

On 24 April 2012 at the Seattle, Washington Museum of Flight, a plan was announced by billionaire entrepreneurs to mine asteroids for their resources. The company was called Planetary Resources and its founders included aerospace entrepreneurs Eric Anderson and Peter Diamandis. The company announced plans to create a propellant depot in space by 2020; splitting water from asteroids into hydrogen and oxygen to replenish satellites and spacecraft. Advisers included film director and explorer
James Cameron James Francis Cameron (born August 16, 1954) is a Canadian filmmaker, who resides in New Zealand. He is a major figure in the post-New Hollywood era and often uses novel technologies with a Classical Hollywood cinema, classical filmmaking styl ...
; investors included Google's chief executive
Larry Page Lawrence Edward Page (born March 26, 1973) is an American businessman, computer engineer and computer scientist best known for co-founding Google with Sergey Brin. Page was chief executive officer of Google from 1997 until August 2001 when ...
, and its executive chairman was
Eric Schmidt Eric Emerson Schmidt (born April 27, 1955) is an American businessman and former computer engineer who was the chief executive officer of Google from 2001 to 2011 and the company's chairman, executive chairman from 2011 to 2015. He also was the ...
. Telescope technology proposed to identify and examine candidate asteroids lead to development of the Arkyd family of spacecraft; two prototypes of which were flown in 2015 and 2018. Shortly after, all plans for the Arkyd space telescope technology were abandoned; the company was wound down, its hardware auctioned off, and remaining assets acquired by ConsenSys, a
blockchain The blockchain is a distributed ledger with growing lists of Record (computer science), records (''blocks'') that are securely linked together via Cryptographic hash function, cryptographic hashes. Each block contains a cryptographic hash of th ...
company. A year after the appearance of Planetary Resources, similar asteroid mining plans were announced in 2013 by Deep Space Industries; a company established by David Gump, Rick Tumlinson, and others. The initial goal was to visit asteroids with prospecting and sample return spacecraft in 2015 and 2016; and begin mining within ten years. Deep Space Industries later pivoted to developing & selling the propulsion systems that would enable its envisioned asteroid operations, including a successful line of water-propellant thrusters in 2018; and in 2019 was acquired by Bradford Space, a company with a portfolio of earth orbit systems and space flight components.


Economics

Currently, the quality of the ore and the consequent cost and mass of equipment required to extract it are unknown and can only be speculated on. Some economic analyses indicate that the cost of returning asteroidal materials to Earth far outweighs their market value, and that asteroid mining will not attract private investment at current commodity prices and space transportation costs. Other studies suggest large profit by using
solar power Solar power, also known as solar electricity, is the conversion of energy from sunlight into electricity, either directly using photovoltaics (PV) or indirectly using concentrated solar power. Solar panels use the photovoltaic effect to c ...
. Potential markets for materials can be identified and profit generated if extraction cost is brought down. For example, the delivery of multiple
tonne The tonne ( or ; symbol: t) is a unit of mass equal to 1,000  kilograms. It is a non-SI unit accepted for use with SI. It is also referred to as a metric ton in the United States to distinguish it from the non-metric units of the s ...
s of water to
low Earth orbit A low Earth orbit (LEO) is an geocentric orbit, orbit around Earth with a orbital period, period of 128 minutes or less (making at least 11.25 orbits per day) and an orbital eccentricity, eccentricity less than 0.25. Most of the artificial object ...
for rocket fuel preparation for
space tourism Space tourism is human space travel for recreational purposes. There are several different types of space tourism, including orbital, suborbital and lunar space tourism. Tourists are motivated by the possibility of viewing Earth from space, ...
could generate significant profit if space tourism itself proves profitable. In 1997, it was speculated that a relatively small metallic asteroid with a diameter of contains more than US$20 trillion worth of industrial and precious metals. A comparatively small M-type asteroid with a mean diameter of could contain more than two billion metric tons of
iron Iron is a chemical element; it has symbol Fe () and atomic number 26. It is a metal that belongs to the first transition series and group 8 of the periodic table. It is, by mass, the most common element on Earth, forming much of Earth's o ...
nickel Nickel is a chemical element; it has symbol Ni and atomic number 28. It is a silvery-white lustrous metal with a slight golden tinge. Nickel is a hard and ductile transition metal. Pure nickel is chemically reactive, but large pieces are slo ...
ore, or two to three times the world production of 2004. The asteroid 16 Psyche is believed to contain of nickel–iron, which could supply the world production requirement for several million years. A small portion of the extracted material would also be precious metals. Not all mined materials from asteroids would be cost-effective, especially for the potential return of economic amounts of material to Earth. For potential return to Earth,
platinum Platinum is a chemical element; it has Symbol (chemistry), symbol Pt and atomic number 78. It is a density, dense, malleable, ductility, ductile, highly unreactive, precious metal, precious, silverish-white transition metal. Its name origina ...
is considered very rare in terrestrial geologic formations and therefore is potentially worth bringing some quantity for terrestrial use. Nickel, on the other hand, is quite abundant on Earth and being mined in many terrestrial locations, so the high cost of asteroid mining may not make it economically viable. Although Planetary Resources indicated in 2012 that the platinum from a asteroid could be worth US$25–50 billion, an economist remarked any outside source of precious metals could lower prices sufficiently to possibly doom the venture by rapidly increasing the available supply of such metals. Development of an infrastructure for altering asteroid orbits could offer a large
return on investment Return on investment (ROI) or return on costs (ROC) is the ratio between net income (over a period) and investment (costs resulting from an investment of some resources at a point in time). A high ROI means the investment's gains compare favorab ...
..


Scarcity

Scarcity In economics, scarcity "refers to the basic fact of life that there exists only a finite amount of human and nonhuman resources which the best technical knowledge is capable of using to produce only limited maximum amounts of each economic good. ...
is a fundamental economic problem of humans having seemingly unlimited
want The idea of want can be examined from many perspectives. In secular societies want might be considered similar to the emotion desire, which can be studied scientifically through the disciplines of psychology or sociology. Alternatively want can ...
s in a world of limited
resource ''Resource'' refers to all the materials available in our environment which are Technology, technologically accessible, Economics, economically feasible and Culture, culturally Sustainability, sustainable and help us to satisfy our needs and want ...
s. Since Earth's resources are finite, the relative abundance of asteroidal ore gives asteroid mining the potential to provide nearly unlimited resources, which could essentially eliminate scarcity for those materials. The idea of exhausting resources is not new. In 1798,
Thomas Malthus Thomas Robert Malthus (; 13/14 February 1766 – 29 December 1834) was an English economist, cleric, and scholar influential in the fields of political economy and demography. In his 1798 book ''An Essay on the Principle of Population'', Mal ...
wrote, because resources are ultimately limited, the exponential growth in a
population Population is a set of humans or other organisms in a given region or area. Governments conduct a census to quantify the resident population size within a given jurisdiction. The term is also applied to non-human animals, microorganisms, and pl ...
would result in falls in income per capita until
poverty Poverty is a state or condition in which an individual lacks the financial resources and essentials for a basic standard of living. Poverty can have diverse Biophysical environmen ...
and starvation would result as a constricting factor on population. Malthus posited this years ago, and no sign has yet emerged of the Malthus effect regarding raw materials. * Proven reserves are deposits of mineral resources that are already discovered and known to be economically extractable under present or similar demand, price and other economic and technological conditions. * Conditional reserves are discovered deposits that are not yet economically viable. * Indicated reserves are less intensively measured deposits whose data is derived from surveys and geological projections. Hypothetical reserves and speculative resources make up this group of reserves. * Inferred reserves are deposits that have been located but not yet exploited. Continued development in asteroid mining techniques and technology may help to increase mineral discoveries. As the cost of extracting mineral resources, especially platinum group metals, on Earth rises, the cost of extracting the same resources from celestial bodies declines due to technological innovations around space exploration. Asteroid tracking catalogs such as Asterank estimate about 700 known asteroids with a value exceeding
US$ The United States dollar (Currency symbol, symbol: Dollar sign, $; ISO 4217, currency code: USD) is the official currency of the United States and International use of the U.S. dollar, several other countries. The Coinage Act of 1792 introdu ...
100 trillion each.


Financial feasibility

Space ventures are high-risk, with long lead times and heavy capital investment, and that is no different for asteroid-mining projects. These types of ventures could be funded through private investment or through government investment. For a commercial venture, it can be profitable as long as the revenue earned is greater than total costs (costs for extraction and costs for marketing). The costs involving an asteroid-mining venture were estimated to be around US$100 billion in 1996. There are six categories of cost considered for an asteroid mining venture: # Research and development costs # Exploration and prospecting costs # Construction and infrastructure development costs # Operational and engineering costs # Environmental costs # Time cost Determining financial feasibility is best represented through
net present value The net present value (NPV) or net present worth (NPW) is a way of measuring the value of an asset that has cashflow by adding up the present value of all the future cash flows that asset will generate. The present value of a cash flow depends on ...
. One requirement needed for financial feasibility is a high
return on investment Return on investment (ROI) or return on costs (ROC) is the ratio between net income (over a period) and investment (costs resulting from an investment of some resources at a point in time). A high ROI means the investment's gains compare favorab ...
estimating around 30%. Example calculation assumes for simplicity that the only valuable material on asteroids is platinum. On 16 August 2016, platinum was valued at $1157 per ounce or $37,000 per kilogram. At a price of $1,340, for a 10% return on investment, of platinum would have to be extracted for every 1,155,000 tons of asteroid ore. For a 50% return on investment of platinum would have to be extracted for every 11,350,000 tons of asteroid ore. This analysis assumes that doubling the supply of platinum to the market (5.13 million ounces in 2014) would have no effect on the price of platinum. An economics-based assessment would conclude increasing the supply of platinum without an obvious increase in demand will drive prices downward. The financial feasibility of asteroid mining with regards to different technical parameters has been presented by Sonter and more recently by Hein et al. Hein et al. have specifically explored the case where platinum is brought from space to Earth and estimate that economically viable asteroid mining for this specific case would be rather challenging. Decreases in the price of space access matter. The start of operational use of the low-cost-per-kilogram-in-orbit
Spacex Space Exploration Technologies Corp., commonly referred to as SpaceX, is an America, American space technology company headquartered at the SpaceX Starbase, Starbase development site in Starbase, Texas. Since its founding in 2002, the compa ...
Falcon Heavy Falcon Heavy is a super heavy-lift launch vehicle with partial reusability that can carry cargo into Earth orbit and beyond. It is designed, manufactured and launched by American aerospace company SpaceX. The rocket consists of a center core ...
launch vehicle in 2018 is projected by astronomer Martin Elvis to have increased the extent of economically minable near-Earth asteroids from hundreds to thousands. With the increased availability of several kilometers per second of
delta-v Delta-''v'' (also known as "change in velocity"), symbolized as and pronounced , as used in spacecraft flight dynamics, is a measure of the impulse per unit of spacecraft mass that is needed to perform a maneuver such as launching from or l ...
that Falcon Heavy provides, it increases the number of NEAs accessible from 3 percent to around 45 percent. Precedent for joint investment by multiple parties into a long-term venture to mine commodities may be found in the legal concept of a mining partnership, which exists in the state laws of multiple US states including California. In a mining partnership, " achmember of a mining partnership shares in the profits and losses thereof in the proportion which the interest or share he or she owns in the mine bears to the whole partnership capital or whole number of shares."


Mining the Asteroid Belt from Mars

Since
Mars Mars is the fourth planet from the Sun. It is also known as the "Red Planet", because of its orange-red appearance. Mars is a desert-like rocky planet with a tenuous carbon dioxide () atmosphere. At the average surface level the atmosph ...
is much closer to the
asteroid belt The asteroid belt is a torus-shaped region in the Solar System, centered on the Sun and roughly spanning the space between the orbits of the planets Jupiter and Mars. It contains a great many solid, irregularly shaped bodies called asteroids ...
than
Earth Earth is the third planet from the Sun and the only astronomical object known to Planetary habitability, harbor life. This is enabled by Earth being an ocean world, the only one in the Solar System sustaining liquid surface water. Almost all ...
is, it would take less
Delta-v Delta-''v'' (also known as "change in velocity"), symbolized as and pronounced , as used in spacecraft flight dynamics, is a measure of the impulse per unit of spacecraft mass that is needed to perform a maneuver such as launching from or l ...
to get to the asteroid belt and return
mineral In geology and mineralogy, a mineral or mineral species is, broadly speaking, a solid substance with a fairly well-defined chemical composition and a specific crystal structure that occurs naturally in pure form.John P. Rafferty, ed. (2011): Mi ...
s to Mars. One hypothesis is that the origin of the
Moons of Mars The two natural satellite, moons of Mars (planet), Mars are Phobos (moon), Phobos and Deimos (moon), Deimos. They are irregular in shape. Both were discovered by American astronomer Asaph Hall in August 1877 and are named after the Greek mytholo ...
( Phobos and Deimos) are actually asteroid captures from the asteroid belt. 16 Psyche in the main belt could have over $10,000 Quadrillion
United States dollar The United States dollar (Currency symbol, symbol: Dollar sign, $; ISO 4217, currency code: USD) is the official currency of the United States and International use of the U.S. dollar, several other countries. The Coinage Act of 1792 introdu ...
worth of minerals.
NASA The National Aeronautics and Space Administration (NASA ) is an independent agencies of the United States government, independent agency of the federal government of the United States, US federal government responsible for the United States ...
is planning a mission for October 10, 2023 for the Psyche orbiter to launch and get to the asteroid by August 2029 to study. 511 Davida could have $27 quadrillion worth of minerals and resources. Using the moon Phobos to launch spacecraft is energetically favorable and a useful location from which to dispatch missions to main belt asteroids. Mining the asteroid belt from Mars and its moons could help in the
Colonization of Mars 475px, Map of the year each country achieved List of sovereign states by date of formation, independence. Colonization (British English: colonisation) is a process of establishing occupation of or control over foreign territories or peoples f ...
.


Phobos as a space elevator for Mars

Phobos is synchronously orbiting Mars, where the same face stays facing the planet at ~6,028 km above the Martian surface. A space elevator could extend from Phobos to Mars 6,000 km, about 28 kilometers from the surface, and just out of the
atmosphere of Mars The atmosphere of Mars is the layer of gases surrounding Mars. It is primarily composed of carbon dioxide (95%), molecular nitrogen (2.85%), and argon (2%). It also contains trace levels of water vapor, oxygen, carbon monoxide, hydrogen, and nob ...
. A similar space elevator cable could extend out 6,000 km the opposite direction that would counterbalance Phobos. In total the space elevator would extend over 12,000 km which would be below Areostationary orbit of Mars (17,032 km). A rocket launch would be needed to get the rocket and cargo to the beginning of the space elevator 28 km above the surface. The surface of Mars is rotating at 0.25 km/s at the equator and the bottom of the space elevator would be rotating around Mars at 0.77 km/s, so only 0.52 km/s of
Delta-v Delta-''v'' (also known as "change in velocity"), symbolized as and pronounced , as used in spacecraft flight dynamics, is a measure of the impulse per unit of spacecraft mass that is needed to perform a maneuver such as launching from or l ...
would be needed to get to the space elevator. Phobos orbits at 2.15 km/s and the outer most part of the space elevator would rotate around Mars at 3.52 km/s.


Regulation and safety

Space law involves a specific set of international treaties, along with national
statutory law A statute is a law or formal written enactment of a legislature. Statutes typically declare, command or prohibit something. Statutes are distinguished from court law and unwritten law (also known as common law) in that they are the expressed wi ...
s. The system and framework for international and domestic laws have emerged in part through the
United Nations Office for Outer Space Affairs The United Nations Office for Outer Space Affairs (UNOOSA) is an office of the U.N. Secretariat that promotes and facilitates peaceful international cooperation in outer space. It works to establish or strengthen the legal and regulatory fram ...
. The rules, terms and agreements that space law authorities consider to be part of the active body of international space law are the five international space treaties and five UN declarations. Approximately 100 nations and institutions were involved in negotiations. The space treaties cover many major issues such as arms control, non-appropriation of space, freedom of exploration, liability for damages, safety and rescue of astronauts and spacecraft, prevention of harmful interference with space activities and the environment, notification and registration of space activities, and the settlement of disputes. In exchange for assurances from the space power, the nonspacefaring nations acquiesced to U.S. and Soviet proposals to treat outer space as a commons (res communis) territory which belonged to no one state. Asteroid mining in particular is covered by both international treaties—for example, the
Outer Space Treaty The Outer Space Treaty, formally the Treaty on Principles Governing the Activities of States in the Exploration and Use of Outer Space, including the Moon and Other Celestial Bodies, is a Multilateralism, multilateral treaty that forms the bas ...
—and national statutory laws—for example, specific legislative acts in the
United States The United States of America (USA), also known as the United States (U.S.) or America, is a country primarily located in North America. It is a federal republic of 50 U.S. state, states and a federal capital district, Washington, D.C. The 48 ...
and
Luxembourg Luxembourg, officially the Grand Duchy of Luxembourg, is a landlocked country in Western Europe. It is bordered by Belgium to the west and north, Germany to the east, and France on the south. Its capital and most populous city, Luxembour ...
. Varying degrees of criticism exist regarding international space law. Some critics accept the Outer Space Treaty, but reject the Moon Agreement. The Outer Space Treaty allows private property rights for outer space natural resources once removed from the surface, subsurface or subsoil of the Moon and other celestial bodies in outer space. Thus, international space law is capable of managing newly emerging space mining activities, private space transportation, commercial spaceports and commercial space stations, habitats and settlements. Space mining involving the extraction and removal of natural resources from their natural location is allowable under the Outer Space Treaty. Once removed, those natural resources can be reduced to possession, sold, traded and explored or used for scientific purposes. International space law allows space mining, specifically the extraction of natural resources. It is generally understood within the space law authorities that extracting space resources is allowable, even by private companies for profit. However, international space law prohibits property rights over territories and outer space land. Astrophysicists
Carl Sagan Carl Edward Sagan (; ; November 9, 1934December 20, 1996) was an American astronomer, planetary scientist and science communicator. His best known scientific contribution is his research on the possibility of extraterrestrial life, including e ...
and Steven J. Ostro raised the concern altering the trajectories of asteroids near Earth might pose a collision hazard threat. They concluded that orbit engineering has both opportunities and dangers: if controls instituted on orbit-manipulation technology were too tight, future spacefaring could be hampered, but if they were too loose, human civilization would be at risk.


The Outer Space Treaty

After ten years of negotiations between nearly 100 nations, the Outer Space Treaty opened for signature on 27 January 1966. It entered into force as the constitution for outer space on October 10, 1967. The Outer Space Treaty was well received; it was ratified by ninety-six nations and signed by an additional twenty-seven states. The outcome has been that the basic foundation of international space law consists of five (arguably four) international space treaties, along with various written resolutions and declarations. The main international treaty is the Outer Space Treaty of 1967; it is generally viewed as the "Constitution" for outer space. By ratifying the Outer Space Treaty of 1967, ninety-eight nations agreed that outer space would belong to the "province of mankind", that all nations would have the freedom to "use" and "explore" outer space, and that both these provisions must be done in a way to "benefit all mankind". The province of mankind principle and the other key terms have not yet been specifically defined. Critics have complained that the Outer Space Treaty is vague. Yet, international space law has worked well and has served space commercial industries and interests for many decades. The taking away and extraction of Moon rocks, for example, has been treated as being legally permissible. The framers of Outer Space Treaty initially focused on solidifying broad terms first, with the intent to create more specific legal provisions later (Griffin, 1981: 733–734). This is why the members of the COPUOS later expanded the Outer Space Treaty norms by articulating more specific understandings which are found in the "three supplemental agreements" – the Rescue and Return Agreement of 1968, the Liability Convention of 1973, and the Registration Convention of 1976. Hobe (2007) explains that the Outer Space Treaty "explicitly and implicitly prohibits only the acquisition of territorial property rights" but extracting space resources is allowable. It is generally understood within the space law authorities that extracting space resources is allowable, even by private companies for profit. However, international space law prohibits property rights over territories and outer space land. Hobe further explains that there is no mention of “the question of the extraction of natural resources which means that such use is allowed under the Outer Space Treaty” (2007: 211). He also points out that there is an unsettled question regarding the division of benefits from outer space resources in accordance with Article, paragraph 1 of the Outer Space Treaty.


The Moon Agreement

The Moon Agreement was signed on 18 December 1979, as part of the
United Nations Charter The Charter of the United Nations is the foundational treaty of the United Nations (UN). It establishes the purposes, governing structure, and overall framework of the United Nations System, UN system, including its United Nations System#Six ...
and it entered into force in 1984 after a five state ratification consensus procedure, agreed upon by the members of the United Nations Committee on Peaceful Uses of Outer Space (COPUOS). As of September 2019, only 18 nations have signed or ratified the treaty. The other three outer space treaties experienced a high level of international cooperation in terms of signage and ratification, but the Moon Treaty went further than them, by defining the Common Heritage concept in more detail and by imposing specific obligations on the parties engaged in the exploration and/or exploitation of outer space. The Moon Treaty explicitly designates the Moon and its natural resources as part of the Common Heritage of Mankind.Agreement Governing the Activities of States on the Moon and Other Celestial Bodies.
, Resolution 34/68 Adopted by the General Assembly. 89th plenary meeting; 5 December 1979.
The Article 11 establishes that lunar resources are "not subject to national appropriation by claim of sovereignty, by means of use or occupation, or by any other means". However, exploitation of resources is suggested to be allowed if it is "governed by an international regime" (Article 11.5), but the rules of such regime have not yet been established. S. Neil Hosenball, the NASA General Counsel and chief US negotiator for the Moon Treaty, cautioned in 2018 that negotiation of the rules of the international regime should be delayed until the feasibility of exploitation of lunar resources has been established. The objection to the treaty by the spacefaring nations is held to be the requirement that extracted resources (and the technology used to that end) must be shared with other nations. The similar regime in the
United Nations Convention on the Law of the Sea The United Nations Convention on the Law of the Sea (UNCLOS), also called the Law of the Sea Convention or the Law of the Sea Treaty, is an international treaty that establishes a legal framework for all marine and maritime activities. , 169 sov ...
is believed to impede the development of such industries on the seabed. The United States, the Russian Federation, and the People's Republic of China (PRC) have neither signed, acceded to, nor ratified the Moon Agreement.


Legal regimes of some countries


Luxembourg

In February 2016, the
Government of Luxembourg Luxembourg is a parliamentary representative democratic monarchy, whereby the prime minister is the head of government, and the multi-party system. Executive power is under the constitution of 1868, as amended, exercised by the government, by ...
said that it would attempt to "jump-start an industrial sector to mine asteroid resources in space" by, among other things, creating a "legal framework" and regulatory incentives for companies involved in the industry. By June 2016, it announced that it would "invest more than in research, technology demonstration, and in the direct purchase of equity in companies relocating to Luxembourg". In 2017, it became the "first European country to pass a
law Law is a set of rules that are created and are enforceable by social or governmental institutions to regulate behavior, with its precise definition a matter of longstanding debate. It has been variously described as a science and as the ar ...
conferring to companies the ownership of any resources they extract from space", and remained active in advancing space resource
public policy Public policy is an institutionalized proposal or a Group decision-making, decided set of elements like laws, regulations, guidelines, and actions to Problem solving, solve or address relevant and problematic social issues, guided by a conceptio ...
in 2018. In 2017,
Japan Japan is an island country in East Asia. Located in the Pacific Ocean off the northeast coast of the Asia, Asian mainland, it is bordered on the west by the Sea of Japan and extends from the Sea of Okhotsk in the north to the East China Sea ...
,
Portugal Portugal, officially the Portuguese Republic, is a country on the Iberian Peninsula in Southwestern Europe. Featuring Cabo da Roca, the westernmost point in continental Europe, Portugal borders Spain to its north and east, with which it share ...
, and the UAE entered into cooperation agreements with Luxembourg for mining operations in celestial bodies. In 2018, the Luxembourg Space Agency was created. It provides private companies and organizations working on asteroid mining with financial support.


United States

Some nations are beginning to promulgate legal regimes for extraterrestrial resource extraction. For example, the United States " SPACE Act of 2015"—facilitating private development of space resources consistent with US international treaty obligations—passed the
US House of Representatives The United States House of Representatives is a chamber of the bicameral United States Congress; it is the lower house, with the U.S. Senate being the upper house. Together, the House and Senate have the authority under Article One of th ...
in July 2015. In November 2015 it passed the
United States Senate The United States Senate is a chamber of the Bicameralism, bicameral United States Congress; it is the upper house, with the United States House of Representatives, U.S. House of Representatives being the lower house. Together, the Senate and ...
. On 25 November U.S. President
Barack Obama Barack Hussein Obama II (born August 4, 1961) is an American politician who was the 44th president of the United States from 2009 to 2017. A member of the Democratic Party, he was the first African American president in American history. O ...
signed the ''H.R.2262 – U.S. Commercial Space Launch Competitiveness Act'' into law. The law recognizes the right of U.S. citizens to own space resources they obtain and encourages the commercial exploration and use of resources from asteroids. According to the article § 51303 of the law: On 6 April 2020 U.S. President
Donald Trump Donald John Trump (born June 14, 1946) is an American politician, media personality, and businessman who is the 47th president of the United States. A member of the Republican Party (United States), Republican Party, he served as the 45 ...
signed the Executive Order on Encouraging International Support for the Recovery and Use of Space Resources. According to the Order: * Americans should have the right to engage in commercial exploration, recovery, and use of resources in outer space * the US does not view space as a "global commons" * the US opposes the Moon Agreement


Environmental impact

A positive impact of asteroid mining has been conjectured as being an enabler of transferring industrial activities into space, such as energy generation. A quantitative analysis of the potential environmental benefits of water and platinum mining in space has been developed, where potentially large benefits could materialize, depending on the ratio of material mined in space and mass launched into space.


Environmental risks

Asteroid mining, or off-Earth Mining (OEM), is occasionally promoted as a sustainable alternative to terrestrial extraction, with the potential to reduce ecological degradation on Earth. Metals such as
platinum Platinum is a chemical element; it has Symbol (chemistry), symbol Pt and atomic number 78. It is a density, dense, malleable, ductility, ductile, highly unreactive, precious metal, precious, silverish-white transition metal. Its name origina ...
and
palladium Palladium is a chemical element; it has symbol Pd and atomic number 46. It is a rare and lustrous silvery-white metal discovered in 1802 by the English chemist William Hyde Wollaston. He named it after the asteroid Pallas (formally 2 Pallas), ...
, which are comparatively scarce on Earth but more abundant in some near-Earth
asteroid An asteroid is a minor planet—an object larger than a meteoroid that is neither a planet nor an identified comet—that orbits within the Solar System#Inner Solar System, inner Solar System or is co-orbital with Jupiter (Trojan asteroids). As ...
s (NEAs) such as 16 Psyche are likely to be primary targets for future resource return missions. However, growing academic and environmental scrutiny suggests this narrative may oversimplify the complex, and often negative, environmental implications of OEM.


Space debris

Mining on asteroids is expected to generate large amounts of dust due to the fine-grained nature of regolith on these bodies. This dust is not only abrasive, due to a high glass content, but can also be sticky, clinging to equipment and spacesuits. Previous missions, such as all 6
Apollo Apollo is one of the Twelve Olympians, Olympian deities in Ancient Greek religion, ancient Greek and Ancient Roman religion, Roman religion and Greek mythology, Greek and Roman mythology. Apollo has been recognized as a god of archery, mu ...
missions (11, 12, 14, 15, 16, and 17) reported serious issues with lunar dust (similar dust can occur on asteroids) interfering with mechanical systems, visibility, and even posing health risks to astronauts. Similar challenges are anticipated during asteroid mining, where dust may travel significant distances and impact nearby operations. Managing this risk will be crucial for the environmental and technical success of future OEM activities Asteroid mining has the potential to worsen the existing issue of
space debris Space debris (also known as space junk, space pollution, space waste, space trash, space garbage, or cosmic debris) are defunct human-made objects in spaceprincipally in Earth orbitwhich no longer serve a useful function. These include dere ...
, particularly if large-scale operations are introduced without adequate regulation. These missions are likely to involve multiple spacecraft, automated mining systems, and transportation vehicles, all of which carry the risk of contributing additional debris to orbit. Fragments of rock, dust, or equipment failures during extraction or transit phases could increase congestion in already crowded orbital pathways. This would heighten the risk of in-orbit collisions, contributing to what is known as the
Kessler syndrome The Kessler syndrome, also known as the Kessler effect, collisional cascading, or ablation cascade, is a scenario proposed by NASA scientists Donald J. Kessler and Burton G. Cour-Palais in 1978. It describes a situation in which the density of o ...
, a scenario where debris collisions generate more debris, leading to a self-perpetuating cascade effect. Kessler’s Syndrome poses serious risks to satellite functionality, potentially disrupting essential services and utilities and significantly impacting global stability. According to the European Space Agency over 36,000 objects larger than 10 cm are currently being tracked in Earth's orbit, and so if mitigation strategies are not put in place, asteroid mining could significantly impact the long-term safety and sustainability of space activities.


Contamination of celestial bodies

Although OEM will differ in many ways from operations on Earth, the risk of contamination from spills or accidents remains an important concern. On Earth, spills from mining and processing have caused long-term environmental damage that has often been difficult to reverse. It’s crucial that similar risks are taken seriously in space, with strong safeguards and contingency plans in place from the outset. The severe health and environmental consequences of rare earth mining on Earth, including
radioactive contamination Radioactive contamination, also called radiological pollution, is the deposition of, or presence of Radioactive decay, radioactive substances on surfaces or within solids, liquids, or gases (including the human body), where their presence is uni ...
of waterways, increased rates of cancer in affected communities, arsenic poisoning, and long-term degradation of soil and water systems. While these impacts are terrestrial, the same extractive logic based on environmental sacrifice and regulatory avoidance, could be extended to off-Earth contexts. If left unregulated, OEM could lead to similar disregard for the integrity of planetary bodies, treating them as consequence-free zones for contamination. Several asteroids are thought to be relatively untouched since the early formation of the solar system, making them valuable targets for scientific research. These bodies may contain important clues about the distribution of water, the presence of
organic compound Some chemical authorities define an organic compound as a chemical compound that contains a carbon–hydrogen or carbon–carbon bond; others consider an organic compound to be any chemical compound that contains carbon. For example, carbon-co ...
s, and the conditions under which planets formed. Planetary protection is a set of international guidelines designed to prevent harmful contamination of celestial bodies. For example, although most asteroids are not expected to support life, the accidental introduction of Earth-based microbes or substances could still compromise their natural state. The Committee on Space Research (COSPAR) also outlines procedures to minimise biological contamination, but enforcement may become increasingly difficult as commercial missions expand into deep space.


Unsustainable mining techniques

Mining techniques, such as surface excavation, thermal extraction and electrostatic separation could permanently disturb their physical and chemical makeup, limiting future opportunities for scientific study. I. Pneumatic excavation is considered one of the least sustainable techniques due to its high energy requirements and potential to generate hazardous debris in microgravity environments. II. Thermal and chemical extraction can be extremely energy-intensive and may leave behind harmful by-products, raising concerns about long-term environmental impacts. III. Electrostatic separation, while effective in theory, poses sustainability challenges in space due to its significant power demands and sensitivity to environmental conditions.


Landscape changes

The
geology Geology (). is a branch of natural science concerned with the Earth and other astronomical objects, the rocks of which they are composed, and the processes by which they change over time. Modern geology significantly overlaps all other Earth ...
and
geomorphology Geomorphology () is the scientific study of the origin and evolution of topographic and bathymetric features generated by physical, chemical or biological processes operating at or near Earth's surface. Geomorphologists seek to understand wh ...
of celestial bodies offer important insights into the history of the Solar System and the formation of asteroids, moons and terrestrial planets. Changes to these features because of OEM could be detrimental to scientific research. Without flowing water, landscapes on bodies such as the Moon change very slowly, shaped mainly by meteorite impacts. This means that any anthropogenic changes could be effectively permanent or at least, long-term. The scale of OEM proposals varies; some may involve extensive regolith excavation, potentially altering key geomorphological features, while others may have minimal impact. Effects on geological formations such as layers, hollows and caverns should be considered. On Earth, mining often leads to temporary or permanent landscape changes, and sites suitable for OEM may also be targeted for future human settlement. Irreversible alterations could reduce the habitability of these areas. Therefore, OEM planning should consider how landscape changes might be minimised, reversed, or adapted to support post-mining uses.


Carbon emissions and atmospheric impact

Although asteroid mining takes place beyond Earth’s atmosphere, it still carries significant environmental consequences here on Earth, particularly in relation to carbon emissions. The process relies heavily on regular rocket launches, which currently emit pollutants such as
black carbon Black carbon (BC) is the light-absorbing refractory form of Chemical_element, elemental carbon remaining after pyrolysis (e.g., charcoal) or produced by incomplete combustion (e.g., soot). Tihomir Novakov originated the term black carbon in ...
, water vapour, and nitrogen oxides into the stratosphere. These particles can disrupt atmospheric chemistry and contribute to ozone layer depletion and radiative forcing, both of which are linked to climate change. Unlike emissions released at lower altitudes, pollutants in the upper atmosphere remain for longer periods due to the lack of rain. As demand for space-based operations grows, including those related to asteroid mining, the environmental burden of launch emissions could become increasingly significant. Unregulated growth in the space sector may lead to measurable impacts on Earth’s climate systems over time.


Demonstrating technological capacity

Missions demonstrating technological capacity and capability are precursors enabling the complex solutions necessary for extra-terrestrial resource exploitation and mining.


Space mission firsts by country

Technological "stepping stones" comprise capabilities including flying by the object, orbiting the object, landing on the object, roving on the surface of the object, and returning a sample from an exterrestrial object. Here are the list of "first" successful missions by country:


Additional completed and ongoing missions

* Hayabusa2 (completed) – JAXA asteroid sample return mission (arrived at the target in 2018, returned sample in 2020) *
OSIRIS-REx OSIRIS-REx was a NASA asteroid-study and sample-return mission that visited and collected samples from 101955 Bennu, a C-type asteroid, carbonaceous near-Earth object, near-Earth asteroid. The material, returned in September 2023, is expected ...
(completed) – NASA asteroid sample return mission (launched on 8 September 2016, arrived at target 2020, returned sample on 24 September 2023) * Tianwen-2 (ongoing) – ongoing CNSA asteroid sample return mission (will arrive at the target in 2026, will return sample in 2027)


Proposed Missions

Many missions have been initiated by both sovereign and commercial players to advance technologies necessary to support extra-planetary resource exploitation, including mining, as shown in the table below. For purposes of tracking technology development, this table includes missions with lunar, asteroid, planetary, and comet mission targets.


Other precursor activities


Asteroid cataloging

To support the cataloging of potentially dangerous asteroids, NASA announced in September 2019 that a space-based infrared telescope will be developed and launched. NASA/ JPL is developing the NEO Surveyor mission with budget from NASA's Planetary Defense Coordination Office, within the Planetary Science Division. Launch is planned for June 2028. Private organizations including the B612 Foundation have conducted related research to help detect asteroids that could one day strike Earth, and find the technological means to divert their path to avoid such collisions. Plans have included a design and build a privately financed asteroid-finding
space telescope A space telescope (also known as space observatory) is a telescope in outer space used to observe astronomical objects. Suggested by Lyman Spitzer in 1946, the first operational telescopes were the American Orbiting Astronomical Observatory, OAO ...
,
Sentinel Sentinel may refer to: Places Mountains * Mount Sentinel, a mountain next to the University of Montana in Missoula, Montana * Sentinel Buttress, a volcanic crag on James Ross Island, Antarctica * Sentinel Dome, a naturally occurring granit ...
in 2013. When private fundraising did not achieve goals, the program was canceled and the Foundation pursued alternate approaches using a constellation of much smaller spacecraft In August 2023, the Asteroid Institute, a program of the B612 foundation, announced the availability of the Asteroid Discovery Analysis and Mapping (ADAM) platform to enable ready public access to asteroid orbit data and related resources.


In fiction

The first mention of asteroid mining in science fiction is regarded to be Garrett P. Serviss' story '' Edison's Conquest of Mars'', published in the ''New York Evening Journal'' in 1898. Several science-fiction
video games A video game or computer game is an electronic game that involves interaction with a user interface or input device (such as a joystick, game controller, controller, computer keyboard, keyboard, or motion sensing device) to generate visual fe ...
include asteroid mining.


Gallery


See also

*
Asteroid belt The asteroid belt is a torus-shaped region in the Solar System, centered on the Sun and roughly spanning the space between the orbits of the planets Jupiter and Mars. It contains a great many solid, irregularly shaped bodies called asteroids ...
* Asteroid capture * Asteroid Redirect Mission * Atmospheric mining * Gravity train / elevator * In situ resource utilization * Lunar resources *
Mining Mining is the Resource extraction, extraction of valuable geological materials and minerals from the surface of the Earth. Mining is required to obtain most materials that cannot be grown through agriculture, agricultural processes, or feasib ...
* '' Mining the Sky: Untold Riches from the Asteroids, Comets, and Planets'' * Near Earth Asteroid Prospector * Sample-return mission * Space manufacturing * Space-based economy * World Is Not Enough (spacecraft propulsion)


Further reading

* * * *


Notes


References


External links

* Michael Booth
The Future of Space Mining
(December 21, 1995) * * * Vide
Beyond Earth – NEO Destinations
NewSpace Conference of the Space Frontier Foundation, Aug 7, 2011 * Vide
Moon, Mars, Asteroids – Where to Go First for Resources?
Space manufacturing Conference of the Space Studies Institute, October 2010 * Vide
Moving An Asteroid
California Institute of Technology, Workshop Public Lecture Panel, September 2011 * Vide
Asteroid Mining – The Market Problem and Radical Solution
November 2013 {{DEFAULTSORT:Asteroid Mining Mining in space Mining techniques Natural resources Space law in the United States Solar System