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Space Mining


The exploration and extraction of raw materials from space is no longer a mere fantasy.

More and more economic interests are focusing on space. Startups around the world are already working on mining resources in space. They are researching the mining of raw materials on asteroids. Selling material mined in space, for example to supply space vehicles, would be a great idea. Legal regulations already exist in the USA and Luxembourg. However, the question of whether something like this would pay off is not simple. The launch of a probe to the asteroid \”16 Psyche\” is eagerly awaited in October. NASA is responsible for this.  \”16 Psyche\” was discovered in 1852 and the asteroid was named after the wife of the Greek god Eros.

The asteroid is located between Mars and Jupiter and should consist mainly of nickel and iron. For the time being, it may only be possible and sensible to use the mined material \”on site\”. Longer missions in space in particular require a supply of resources, such as oxygen or hydrogen. Bringing material to Earth is (still) an utopian idea. A researcher from the Technical University of Munich, who is concerned with space resources, believes that the use of resources on the moon could be demonstrated in as little as five to ten years.

The next is probably the construction of a moon station, the construction of a station on Mars is still far away. Let\-s be curious what the Psyche mission will bring in the way of insights. In any case, the Psyche space probe will soon be launched and fly past Mars. A solar-electric drive will fly the probe to the asteroid after gravity assist. However, raw materials are still coming from Earth.

Nickel as well as lithium and cobalt are held by Canada Nickel Company – https://www.commodity-tv.com/ondemand/companies/profil/canada-nickel-company-inc/ – at its Crawford project in Ontario.

Gama Explorations – https://www.commodity-tv.com/ondemand/companies/profil/gama-explorations-inc/ – takes care of lithium, nickel, copper and thus metals for renewable energies in Quebec, in British Columbia and in the Northwest Territories.

Current corporate information and press releases from Gama Explorations (- https://www.resource-capital.ch/en/companies/gama-explorations-inc/ -) and from Canada Nickel Company (- https://www.resource-capital.ch/en/companies/canada-nickel-company-inc/ -).

In accordance with §34 WpHG I would like to point out that partners, authors and employees may hold shares in the respective companies addressed and thus a possible conflict of interest exists. No guarantee for the translation into English. Only the German version of this news is valid.

Disclaimer: The information provided does not represent any form of recommendation or advice. Express reference is made to the risks in securities trading. No liability can be accepted for any damage arising from the use of this blog. I would like to point out that shares and especially warrant investments are always associated with risk. The total loss of the invested capital cannot be excluded. All information and sources are carefully researched. However, no guarantee is given for the correctness of all contents. Despite the greatest care, I expressly reserve the right to make errors, especially with regard to figures and prices. The information contained herein is taken from sources believed to be reliable, but in no way claims to be accurate or complete. Due to court decisions, the contents of linked external sites are also co-responsible (e.g. Landgericht Hamburg, in the decision of 12.05.1998 – 312 O 85/98), as long as there is no explicit dissociation from them. Despite careful control of the content, I do not assume liability for the content of linked external pages. The respective operators are exclusively responsible for their content. The disclaimer of Swiss Resource Capital AG also applies: https://www.resource-capital.ch/en/disclaimer/

Posted by on 25. September 2023. Filed under Internet, Picture Gallery. You can follow any responses to this entry through the RSS 2.0. You can leave a response or trackback to this entry

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