Planetary Resources’ Crazy Plan to Mine an Asteroid May Not Be So Crazy

The asteroid Vesta In a widely anticipated announcement today, the new company Planetary Resources revealed their plans for near-Earth asteroid domination. The group has mapped out a multi-stage process to map, observe, capture, tow and eventually mine asteroids for valuables. “A single 500-meter platinum-rich asteroid contains the equivalent of all the platinum group metals mined in history,” reads the company’s press release .

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Planetary Resources’ Crazy Plan to Mine an Asteroid May Not Be So Crazy