We need to transplant the mining industry beyond the Earth.
Like Earth, planetary bodies such as the Moon, Mars, asteroids, and comets contain substantial deposits of valuable resources. This has caught the attention of both researchers and industry, with hopes of one day mining them to support a space economy.
But setting up any kind of off-Earth mining industry will be no small feat. Let’s look at what we’re up against.When you think of off-Earth mining, you might imagine extracting materials from various bodies in space and bringing them back to Earth. But this is unlikely to be the first commercially viable example., we would need to resupply astronauts living there. Resources such as water can only be recycled to an extent.
Harvesting materials required on-site is called “in-situ resource utilisation”. It can involve anything from mining ice, to collecting soil to build structures. NASA is currently exploring the possibility of constructing buildings on the Moon withMining in space could also transform satellite management. Current practice is to de-orbit satellites after 10–20 years when they run out of fuel.
vast amounts of iron, nickel, gold, and platinum group metals, which can be used for construction and electronics.
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