Two ESA Craft To Observe Asteroid 21 Lutetia
japan_dan writes "Two ESA spacecraft will observe 21 Lutetia during Rosetta's flyby on 10 July: Rosetta from 3,160 km and Herschel from 450 million km. Herschel's PACS and SPIRE spectrometers will view Lutetia in far infrared, while Rosetta will gather data in a variety of wavelengths. Since the observations will be coordinated during and at closest approach, scientists will later be able to correlate the data to produce a map of the thermal radiation emitted by Lutetia. There are a pair of animations modelling the expected temperature distribution over Lutetia at the link. The joint observations are part of a series of 8 sessions planned in the next couple of years by Herschel scientists to study objects that will be visited by spacecraft."
Is anyone else continuously amazed that we can observe events like this from 450 million km away? The precision that must be required to see something relatively small, going so fast and so far away.
A small asteroid typically contains trillions of dollars in valuable metals.
This is incorrect. If you dumped several times as much gold as ever has been mined in current human history, you aren't going to get market price for it. How much those asteroids will be worth will depend on how much people are willing to pay for what is delivered. We simply don't have a viable economic model for the resources of one or more asteroids being sold on a market.
I favor the idea that this could lead to industry using the metals with the best physical properties with little price differentiation between materials (perhaps price being more dependent on amount of demand or energy cost of the material). For example, gold probably would be applied to a lot more things than it currently is. Building wiring could be made out of gold instead of copper or aluminum, simply because gold has the lowest resistance of room-temperature wiring. A gold/copper alloy (or gold-plated copper) might be the best choice for plumbing (due to gold's corrosion resistance, platinum is another choice here). Gold plating would be an option for metal roofs, car parts (which don't experience significant wear), fences, hulls of ships, antennas, and general electronics.
Point is that any planning today to mine an asteroid has to take into account a lot more risks than one would first expect. There are various ways to deal with them. One is to nail down the risks (say through trial and error). Second, is to make it so cheap that you still could run a viable business even with huge risks. Third is to acquire a stream of government or other public funds so that someone else sucks up the risk and cost for you.
Who says the minerals have to be returned to Earth's surface?
That's currently the market to consume such resources.
Herschel will "observe" the asteroid from 450 million km, or about 3 AU. While I'm sure useful science will come from it, to say that it's participating in an observation with Rosetta's actual closeup flyby seems analogous to saying I'm participating in measurements from my roof.
Luke, help me take this mask off