How Asteroid Mining Could Work (Infographic)

Planetary Resources' announcement of their intention to mine the asteroids rekindles dreams of the early Space Age.
Planetary Resources' announcement of their intention to mine the asteroids rekindles dreams of the early Space Age. (Image credit: Karl Tate, SPACE.com Contributor)

Long a staple of science fiction, space mining could soon become a reality. Here is a look at what’s out there and how we might get it.

These bodies of rock, metals and ice range in size from a few feet across up to 610 miles (975 kilometers) in the case of the largest, Ceres. Asteroids are often classified according to their spectral type, which has to do with the type of light they reflect.

S-type (silicon-based, or stony) comprise  about 17 percent of the asteroids (example: Eros)

• Platinum:  precious metal used in electronics and as a catalyst in chemical reactions. Carmakers used $7 billion worth of platinum in 2012

• Palladium: harder than platinum, similar uses

• Water: can be broken into hydrogen and oxygen for use as rocket fuel or life support for humans

Planetary Resources revealed in 2012  its intention to extract valuable materials from asteroids. First, the Arkyd-100 space telescope would be located in low Earth orbit to gather spectral data to determine  asteroids’ composition and market value. Swarms of low-cost robot spacecraft would crisscross an asteroid to extract its resources. Small ice-rich objects could be captured for towing back to the vicinity of Earth for extraction of their water. 

Launching humans to an asteroid has been mentioned by NASA in recent years as a possible goal. New vehicles capable of traveling in deep space would have to be developed. The job is complicated by the very low surface gravity of an asteroid, requiring different equipment than that developed to operate in either the microgravity of Earth orbit or the one-sixth gravity of our moon’s surface.

The new company Planetary Resources, Inc., is backed by a team of billionaire investors and luminaries like filmmaker/explorer James Cameron with a single goal: to mine near-Earth asteroids for precious resources like rare metals and water ice. The project is aimed at tapping into the resources of the solar system while furthering space exploration in an audacious way. See how asteroid mines like those envisioned by Planetary Resources could work in the SPACE.com infographic above

Karl Tate
Space.com contributor

Karl's association with Space.com goes back to 2000, when he was hired to produce interactive Flash graphics. From 2010 to 2016, Karl worked as an infographics specialist across all editorial properties of Purch (formerly known as TechMediaNetwork).  Before joining Space.com, Karl spent 11 years at the New York headquarters of The Associated Press, creating news graphics for use around the world in newspapers and on the web.  He has a degree in graphic design from Louisiana State University and now works as a freelance graphic designer in New York City.