Astronomers identify 12 mine-able asteroids

According to mining.com’s news article released yesterday, researchers have found 12 asteroids that could be blasted into accessible orbit and mined. These are called “Easily Retrievable Objects (EROs)”.

What do these asteroids hold within them? It holds iron ore, nickel and other precious metals at much higher concentrations than those within Earth, with the recent asteroid that passed earth having an estimated value of $195 billion in metal and fuel.

Currently, two asteroid mining companies, Planetary Resources and Deep Space Industries are looking into the feasibility of extraterrestrial mining along with NASA.

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