Message #241971

[HereForNow]

Going back to the subject of mining asteroids. Regarding the materials themselves, Amun's total tonnage breaks down into many different metals. The most abundant of these are iron and nickel, which alone would have a market value of about $8 trillion. (Keep in mind that a trillion is a million times a million.) Supplies of another metal, cobalt, on Amun would be worth perhaps $6 trillion. Then there are rarer metals such as platinum, iridium, osmium, and palladium, which together would add another $6 trillion to the investors' profits. The nonmetals, including carbon, nitrogen, sulfur, phosphorus, oxygen, hydrogen, and gallium, would be worth at least $2 trillion. If humans mined all of Amun, therefore (which would take many years), the gross profits would come to at least $22 trillion. It is difficult to estimate the upfront costs of such a mining operation. But even if they were as high as $1 trillion, the net profits would still be $21 trillion. Clearly, asteroid mining will be an extremely profitable

Read more: http://www.scienceclarified.com/scitech/Comets-and-Asteroids/How-Humans-Will-Mine-Asteroids-and-Comets.html#ixzz1nW1s7Euh


Image mining and coming across things like these to study.