Unlocking the Economic Potential of Asteroid Mining
Two groups of economists have conducted economic assessments of mining asteroids, considering the costs and challenges involved. Valuable metals such as cobalt, nickel, and platinum found on asteroids could become a predominant means of mining precious metals as prices rise and the cost of working in space declines. The groups' research suggests that over the next few decades, harvesting metals from asteroids could be profitable and stimulate sustainable growth in the space industry.