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April 25, 2012
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New Company wants to mine asteroids

:iconoddfox17:
~OddFox17 Apr 25, 2012  Student Writer
"Peter Diamandis and colleague Eric Anderson have formed Planetary Resources Inc., the world’s first asteroid-mining business.

“We’re now going to bring the solar system to within our economic sphere of influence,” Anderson said, standing at a podium in front of a banner that read “Redefining Natural Resources.”


Basically, these guys are planning to mine asteroids in Earth Orbit. Do you think it'll work, or is it too ambitious?
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:iconvisionoftheworld:
"carry the stuff back"? It's not like mineral ore needs to be held warm, oxygenated and comfy for the trip. ....Asteroids however are in a 0 gravity enviroment. And all you'd really need is to push them gently in one direction and they'll keep going that direction until

Until what? Are you not aware that a you'd need ROOM for the stuff? Are you planning on refining it in space? Are they? What happens when it starts into the earth's atmosphere? It may weigh little in space, but it will quickly weigh something as it plummets toward the ground. Then- BOOOM! To the bottom of the ocean it goes! AWESOME IDEA :la:

If you actually constructed.. an ore refinery in orbit

Oh boy! How much this gonna cost? How you gonna get a refinery into outter space? Piece by piece? How many trips? Remember- they're ON THEIR OWN since they're a private company. Good luck with that. In orbit- who's orbit? We've already determined that the nearest large asteroid is millions of miles away. That's outside of orbit. So you're still transporting rocks from one place to another- IN SPACE. Good luck with your remote control. They can't even keep a crawler on Mars in communication, and all it does is go 1mph a few feet per day.
Great science fiction story, but not real world. This isn't politics any more buddy, you're going to have to take this to another forum :(

:lightbulb: Oh by the way, how much cheaper than diesel fuel for dump trucks here on earth is this fantasy?
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:iconmclandis:
~Mclandis Apr 29, 2012  Hobbyist Photographer
Are you not aware that a you'd need ROOM for the stuff?

Are you aware that the amount of retrieved ore would not likely take up so much space?

What happens when it starts into the earth's atmosphere?

If it's in a return device with a Thermal Protection System, it reenters the atmosphere just like the Apollo capsules. Then it can be picked up by ships (if in the ocean) or by trucks (if on land). Simple.
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:iconcoffe-kanon:
Yes of course it has to be refined in space. Sending up unmanned fetching drones from the earth each trip would costwise negate any profits that could be made.

Sending any mass at all from the earth's surface to low earth orbit is extremely costly. But once it's in the zero gravity enviroment transportation between one point in 0 g to another point in 0 g takes considerably less effort and energy due to the almost entirely frictionless enviroment.

Compare throwing a baseball here on earth. How far could you throw it? 100 meters more or less until earth's gravity along with air resistance impedes the energy of the baseball and it lands on the ground. In space and far away enough from strong gravitic fields you could feasibly throw the same baseball all the way to the sun with just one throw (so long as the baseball doesn't hit anything on it's way there).

That's the main argument for mining asteroids. It's more energy efficient to transport large masses of matter vast distances than it is inside a strong gravitic field and other sources of friction. And where there's greater energy efficiency, there's costs to be cut.

And yes of course you have to get the refinery into outer space or low earth orbit piece by piece. How do you think they built the MIR or the ISS? And I said from the start that the downpayment for such a project would cost enormous sums. But once it's up there it could very well pay out in the long term (due to the vastly increased energy efficiency in transporting the ore).

Keeping a crawler up and running on mars is a lot more difficult than moving from one point in space to another. Mars has weatherstorms, is struck often by meteorites and other complications hard to foresee, and hat's not even counting the problems of running anything over the surface of Mars itself (wheels running stuck in ditches etc.). Moving from point A to point B in space is just a matter of mathematically calculating the wo points relative positions to eachother and adjust the bearing with the propulsion system (depending on how exact it must be of course).

We're basically flying both helicopters and jet fighters by remote control already (it's called "fly-by-wire"). If modern jet fighters going in speeds of MACH 3 were completely controlled by the pilot then they would crash and burn due to the enormous amounts of minute corrections and compensations in steering the aircraft that the pilot would have to make (well beyong human capabilities in terms of reaction speed). So the pilot is basically controlling the airplane with a joystick, telling the plane's computer system that is doing the actual steering in which direction the pilot wants to go and at what speed.

If the technology is availble to build a complex set of avionics like that, getting an unmanned craft from one point in outer space to another would be a walk in the park in comparison, since you barely have to correct heading since there are few forces of fiction to interfere with it as there are inside an atmosphere with air resistance and a strong gravitic field.

So no, it's not a piece of science fiction. The needed technology is already here and would only need minor tweaks to perform as needed.

The only real obstacle is the large costs in sending that much tonnage of equipment out into space to start up the operation. But once there it could mine a lot more efficiently than current earthbound methods allow for.
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:icontheredsnifit:
That's the main argument for mining asteroids. It's more energy efficient to transport large masses of matter vast distances than it is inside a strong gravitic field and other sources of friction. And where there's greater energy efficiency, there's costs to be cut.

You're smarter than this. You realize that once you get the materials on the ground, you still have to load it onto dump trucks and move to the destination, right?
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:iconcoffe-kanon:
Why?

You could very well drop the materials from orbit to the required destination. In fact you could pretty much drop them anywhere on earth. All that's needed is some kind of delivery system providing a controlled descent of the materials (a controlled descent isn't as energy demanding as reaching escape velocity).

Plus the materials dropped would've already been refined in orbit. I.e no need to use dump trucks to transport largely unusable slag materials hundreds of miles with only minute amounts of useful minerals among the rubble.
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:iconmclandis:
~Mclandis Apr 29, 2012  Hobbyist Photographer
Dropping things from orbit is not an exercise in precision. Even with modern simulations, it is difficult to determine beforehand where the payload will end up. Plus, if your parachutes don't work, the payload comes screaming into the ground at very high speeds. I doubt most companies would be willing to take that kind of risk and would send the trucks instead.
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:iconcoffe-kanon:
And why do you think that is? It's not an exercise in precision because we havn't really had much reason to date to be precise in where we drop anything from orbit down to the earth's surface.

A few space exploration ventures and decomissioning of satellites won't exactly push development towards making it very precise.

But there are several research projects devoted to just that, not to mention the fact that several military organisations have been interested in and even hired scientists to come up with ways to drop weapons from orbit onto the earth's surface (although naturally the results and fruits of such experiments are quite top secret for obvious reasons)

To put it in simple terms: as of yet, precision in re-entry hasn't been in particularly high demand, and that's why current methods aren't very precise. Now if we were to start with aseroid mining however, demand for precise re-entry methods would be in a lot higher demand since we're gonna have to be able to do it quite often.
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(1 Reply)
:iconmclandis:
~Mclandis Apr 28, 2012  Hobbyist Photographer
They will need an incredible Earth-to-Asteroid communication/control system.

This already exists.

How much dust and dirt or rocks could possibly be worth that much effort?

Depends on what you find.

Nearly all the elements in the periodic table already exist on Earth or are synthesized on Earth. There is no point in looking beyond to get them.

:iconfacepalm:

You do know those are limited resources, right? Hence, you need to find more when you start running out, and we're already starting to see signs of accessible mineral deposits depleting.
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:iconvisionoftheworld:
We're not running out of any minerals that I know of...

Oil? Maybe that's one, but we already need another fuel anyhow.
So what asteroid has trillions of barrels of oil on it :lol: ?

Get real.
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:iconmclandis:
~Mclandis Apr 29, 2012  Hobbyist Photographer
We're not running out of any minerals that I know of...

You haven't been watching very closely then. Given the current rate of population growth, we're set to start running short on critical industrial metals in about 10-15 years. It's even worse when you consider that a lot of the metals we'll need are required for energy sources which don't run on petroleum or coal (ie: lanthanides, platinum group metals, cobalt, etc). Then, of course, there's copper, which is already starting to show signs of playing out. When those metals start disappearing, our standard of living will plummet.

Not only would my solution solve that problem for some time, it would jumpstart space development and create very well paying jobs. Sitting on our thumbs will have the opposite effect.

Oil? Maybe that's one, but we already need another fuel anyhow.

We have uranium, which would easily replace our demands for fossil fuels. Of course, getting a large source of nuclear fuel would help make the power even cheaper, and there are uranium and thorium ores on the lunar surface. Easy source of fuel.
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