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, 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.

C-type (carbonaceous): 75 percent of asteroids are made of dark materials (example: 253 Mathilde)

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

In addition to these major classes, there is also an X-group that includes various types with similar spectra, but likely different compositions, as well as other smaller asteroid classes.

The study of meteorites, space rocks that have fallen to Earth, reveals a variety of useful materials that could be extracted:

• 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

The majority of asteroids orbit in a belt between the planets Mars and Jupiter. These objects may be remnants from the early formation of the solar system. Other groups of asteroids, such as the Trojans and Greeks, hang out in stable points near the orbit of Jupiter. Near-Earth asteroids are those that traverse the inner solar system and can pass close to or cross the orbit of the Earth.

Much of the energy required to get anywhere in the solar system is used in just getting off the Earth. Reaching a near-Earth asteroid requires less total energy than landing on the moon. Reaching an asteroid belt destination is easier than landing on Mars.

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. 

Deep Space Industries announced in 2013 an ambitious scheme ultimately involving robotic manufacturing plants that could 3D print components from asteroid metals. First, tiny Firefly cubesats would be sent into the inner solar system on one-way reconnaissance missions to targeted asteroids. Then, larger Dragonfly spacecraft would be sent to capture samples (or even small asteroids) for return to Earth. Later the Harvestor tug would be developed, capable of towing an entire asteroid back to Earth orbit. Eventually, manufacturing could be done in space; for example, 3D printing of components for a space habitat.

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 infographic above

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Karl Tate contributor

Karl's association with 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, 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.