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Mining the Heavens: In Conversation With Planetary Resources' Chief Engineer

cylonlover writes "It wasn't long ago that asteroid mining was only found in the pages of science fiction. Now, with increasing interest in the commercial exploitation of space, companies are springing up to turn asteroids from things that Bruce Willis blows up into raw materials for future travellers and colonists. One such firm is Planetary Resources, which is currently winding up a Kick Starter campaign aimed at raising public awareness about asteroid mining by offering the public access to a space telescope. Gizmag visits the company's Bellevue, Washington headquarters and talks to the President and Chief Engineer, Chris Lewicki." Long, but worth the time.

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  1. Creepy libertarianism by EdgePenguin · · Score: 3, Insightful

    There seems to be an attitude amongst certain people that space resources should belong to those rich enough to grab them. There hasn't yet been a serious discussion of paying for this exploitation of nature, and I suspect that is because many of the people involved have a libertarian agenda, and see space as an opportunity to escape any form of public restraint on their activities, and construct their Randian utopia off world.

    Given the immense resources of the solar system compared to those found on Earth, this is a recipe for immense, cruel and unfair inequality. Those of us Earthbound, who have motivations other than money and so are not billionaires, will be plunged into poverty by extraterrestrial energy magnates whose obscene resource wealth will make the Saudi royal family look positively frugal.

    Quite timely then that someone appears to be making a movie on this theme :)

    1. Re:Creepy libertarianism by Anonymous Coward · · Score: 2, Insightful

      Mineable asteroids are nowhere near as scarce as natural resources here on earth. If we are going to discuss who should be able to mine asteroids we should also start to question how a single person can have the right to a patch of land.
      Just because your grandparent was a little bit older and got a head start to grab some land doesn't mean that my grandparent didn't have the right to an equivalent amount of land.
      While we are at it. The right to heritage makes it so that not everyone is born with the same opportunities. We need to get rid of that too.

    2. Re:Creepy libertarianism by bertok · · Score: 4, Insightful

      You really, really don't understand the scale of what we're talking about here.

      In reply, I posit that you really, really don't understand how much that doesn't matter.

      Spot iron ore prices are about $120 per metric ton. Asteroids are unrefined, remember? They're full of ore, or a complex and impure mix of metals at best. For comparison, a typical four-door sedan, the biggest lump of metal most people ever buy, is about 1.2 metric tons. This would need about $300 of iron ore.

      Do you seriously think that the primary limit on manufacturing, and hence overall wealth, are raw resources? My 10 year old car, if I were to sell it used is worth 20x the cost of the iron ore that originally went into making it!

      If space mining somehow magically made iron ore 10x cheaper than it is now, I'd save a total of $270 on my next $50,000 car purchase. I'd save more by skipping the optional coffee cup warmer, or whatever. That's not even factoring in that something like 90% of all iron and steel is recycled, so the difference would be more like $3.

      Space mining is a fantasy for rabid Star Trek fans who can't count, nothing more.

  2. starving amid plenty by Thud457 · · Score: 3, Insightful

    You stupid monkeys have a perfectly useful 3.839Ã--10^26 W fusion reactor only 93 million miles away. Get off your asses and figure out how to use it.

    --

    the preceding comment is my own and in no way reflects the opinion of the Joint Chiefs of Staff