Nov 5, 2016
Posted by Klaus Baldauf in categories: asteroid/comet impacts, economics, existential risks
If humans were ever able to get their hands on just one asteroid, it would be a game-changer.
That’s because the value of many asteroids are measured in the quintillions of dollars, which makes the market for Earth’s annual production of raw metals – about $660 billion per year – look paltry in comparison.
The reality is that the Earth’s crust is saddled with uneconomic materials, while certain types of asteroids are almost pure metal. X-type asteroids, for example, are thought to be the remnants of large asteroids that were pulverized in collisions in which their dense, metallic cores got separated from the mantle.