OPINION PIECE – SPACE MINING COULD BE STYMIED BY SIMPLE SUPPLY-AND-DEMAND
February 1st, 2016
Luxembourg’s alliance with American space tech firms to create a European hub for asteroid mining is ambitious. But these innovators could be frustrated by something as down-to-earth as simple demand-and-supply.
If technology for landing probes on asteroids, digging up metals and flying them back to Earth is developed, then – sure – many mining investors will the frothing at the mouth over tapping space bodies full of platinum, palladium and rhodium.
Imagine the immediate riches to be won by parachuting a space rocket full of precious metals into the ...
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