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Space Mining Startup Confirms First Private Mission To An Asteroid (www.reddit.com)

submitted 2 months ago by Lugh to c/futurology

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[–] UraniumBlazer@lemm.ee 5 points 2 months ago (2 children)

Downvoted for the Reddit link. If you read the Forbes article linked in the Reddit post, you see that it's kinda cool! The startup behind this has apparently done a test resource extraction mission successfully in 2023. These things are more test missions that would take a really really long time. So the timeline is incredibly long, but it's cool regardless in my opinion.

[–] threelonmusketeers@sh.itjust.works 4 points 2 months ago

Direct link to article: https://www.forbes.com/sites/jamiecartereurope/2024/08/29/space-mining-startup-confirms-first-commercial-mission-to-land-on-an-asteroid/

[–] threelonmusketeers@sh.itjust.works 2 points 2 months ago

Even with a long timeline, it seems a bit early for asteroid mining. Until in-space manufacturing gets going, it would likely be profitable for only a few platinum-group elements, and even then I'm not sure.