How Mars Play Key Role In Astroid Mining

Mining asteroids for their mineral wealth has long been a staple of science fiction.

The scientific expectations are reasonable, and private companies are already making moves to get a piece of the action.

The plan is to harvest water vapour and volatile chemical compounds from an asteroid using an optical mining technique.

The goal is to excavate the asteroid and collect target materials into a spacecraft-attached containment unit.

This is where Mars and its satellites come into play, allowing for better access to the asteroid belt between Mars and Jupiter.

There are trillions of dollars' worth of metal on asteroids floating in our galaxy, but mining it isn't easy.

It would cost nearly $2.6 billion to capture and bring a 500-ton near-Earth asteroid close to Earth's orbit for mining.

Stay Updated

Latest Stories!

Read More