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Space-mining for platinum on the cards

Spire, Spirethoughts, Space mining, Investment, Spacecraft, In-space manufacturing, Market

Spire, Spirethoughts, Space mining, Investment, Spacecraft, In-space manufacturing, Market

Platinum mining in space is getting cheaper and easier. Prospect probes can probably be built for tens of millions of dollars each. An asteroid-grabbing spacecraft could cost USD2.6 billion.

Space mining seems more lucrative than initially thought. An asteroid the size of a football field could contain USD25 billion to USD50 billion worth of platinum.

Although space mining is still not viable commercially, the possibilities are endless. Space mining could even lead to in-space manufacturing.

When will space mining become a viable market for investors?

Spire Research and Consulting was established in 2000 to address a gap in the research and consulting industry in global emerging markets. Unlike most agencies that focus on traditional consumer research, our founders saw a profound need for holistic research projects.

Spire Research and Consulting (India) Pvt Ltd
Unit 501-502, DLF City Court,
DLF Phase III, Sector 24, Gurugram – 122002, India

Telephone: (91) 124 421 6144
Fax: (91) 124 422 1934
E-mail: india.info@spireresearch.com

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