We’re casually reading an article on a computer more powerful than anything humanity could build a few decades ago. This progress and all the beautiful machines you take for granted are made on a few rare and precious materials with names like terbium, neodymium, or tantalum. Getting these unique materials from the ground into your devices is ugly. The mining industry is massively responsible for air and water pollution and the destruction of entire landscapes. Dangerous chemicals like cyanide, sulfuric acid, or chlorine are used to extract the resources, harming biodiversity workers and locals, and where resources are also political tools when countries restrict access to them to get their way.
But, imagine if we could replace the mining industry on Earth with a clean process that can’t harm anyone? Well, we can. All we need to do is lookup. Generally, asteroids are millions of trillions of tons of rocks, metals, and ice, leftovers from the cloud that became the planet’s 4.5 billion years ago. They can be as small as a meter or Proto planets the size of entire countries. Most of them are orbitting the asteroid belt and the Kuiper Belt, while hundreds of thousands more do their own thing between the planets. As space travel is becoming more feasible, Scientists and economists have begun looking at the resources found in these asteroids.
Even relatively small metallic asteroids may contain the trillions worth of industrial and precious metals like platinum. And bigger asteroids Like 16 Psyche could contain enough iron-nickel to cover the world’s metal needs for millions of years. At current market prices, the raw materials alone would be worth quadrillions of dollars. Well, not really, but technically, there are more than 20 million tons of gold in the ocean water worth roughly 750 million US dollars. But filtering out the gold would be so expensive that you’d lose money selling it. Right now, asteroid mining has this problem precisely. It’s too costly to replace mining on Earth. Billions of dollars’ worth of valuable resources in space are worthless if it costs trillions. What makes it so hard?
The principles behind mining an asteroid are simple. The basic idea is to choose the asteroid, move it to a place where it’s easy to process, and then take it apart to turn into useful products. Unfortunately, all of this collides with fundamental problems humans have yet to solve.
Going to space is expensive
The cost of each kilogram to reach a low earth orbit is thousands of dollars. Going further out into deep space costs thousands more. We need cheaper space travel to make asteroid mining profitable. One solution is to switch from the classical rocket to electric spaceships. We already started to use electrical rocket engines for many of the space probes on science missions. In principle, we only need to build bigger ones. While electrical engines are not powerful enough to fly to space, they require only a tiny amount of fuel to go very far once they’re in space.
This means we don’t need to spend a lot of money on fuel only to transport fuel into space. This doesn’t solve the whole cost problem, but it makes it easier to start our first mission. Now that we have an electric asteroid mining spaceship, we need to find the right asteroid and get it there. We’ve already launched probes and successfully visited asteroids with space probes and even collected samples still to make it easier and cheaper. Our first targets will probably be near-Earth asteroids, asteroids that orbit well near Earth. After a few months of travel, our spaceship finally arrives at our asteroid. Weirdly formed, littered with small impact craters, it hasn’t changed much for billions of years.
Correcting its Path
The first thing that we would need to do is to stop it from spinning.
There are multiple ways to do this, like vaporizing material with a laser or stopping the rotation with thrusters. Once we have a stable asteroid, we need to wait. Orbital mechanics are complicated, but if you push something in the right direction at precisely the right moment, you can move huge things with very little force. So, we wait for precisely the right moment. Our ship fired its thrusters and nudged the asteroid into a trajectory that takes it near our moon. The moon is useful because we can borrow its gravitational pull to put the asteroid in a stable orbit around Earth, which saves even more fuel.
Again, the trip takes months. But all the time since our ship was launched has not been wasted. The first space mining and processing equipment has been installed in orbit and is now carefully moving towards the asteroid. The processes work very differently than on Earth.
Giant mirrors focus sunlight and heat asteroid rock to boil out the gases. Grinders break up the dried rocks into gravel and dust and centrifuge separate dance from light elements, even if we only extract 0.01 percent of the asteroid’s mass in precious metals. This is still some several times more than you’d get from the same amount of awe on the ground. But what now?
How do we get our precious metals safely back to the ground? There are a few ways like loading it into reusable rockets that return to Earth from space. Or if our processor contains 3D printers, we can print a faster and cheaper delivery system—heat shield and capsules filled with gas bubbles.
These can just be dropped into the oceans where ships tow them away. This could be the starting point of humanity’s first real steps towards colonizing the solar system. As our infrastructure and experience grow, our missions get more sophisticated parts, and fuel produced on asteroids don’t have to be launched from Earth. The first mining operation makes the second one more accessible, and so on. While the space industry grows and precious materials become cheaper; eventually, we could stop mining on Earth.
Even the idea of toxic mining down here might become weird and anachronistic, like having an open fire in your living room. Landscapes ravaged by pollution will heal, while the technological wonders used to get cheaper and less toxic to make. None of this is science fiction. We don’t need fancy materials or new physics to make asteroid mining happen. We could start building this future today. All we need is an initial push.