Comments on: Space mining plan more than just sci-fi fantasy http://blogs.reuters.com/breakingviews/2012/04/24/space-mining-plan-more-than-just-sci-fi-fantasy/ Mon, 17 Jun 2013 22:19:50 +0000 hourly 1 http://wordpress.org/?v=3.4.2 By: SpaceLou http://blogs.reuters.com/breakingviews/2012/04/24/space-mining-plan-more-than-just-sci-fi-fantasy/comment-page-1/#comment-9309 SpaceLou Sun, 03 Jun 2012 21:32:24 +0000 http://blogs.reuters.com/breakingviews/?p=10987#comment-9309 I find it alarming that it takes billionaires to bring to the forefront an industry that has been in the planning for decades. All of a sudden it is a "credible" venture. There are many of us that have believed in space mining as a viable business and some of us have even been working at making it happen. One thing to remember is that an introduction of $50billion worth of Platinum to the supply would greatly affect its price. I believe that more strategic minerals such as the REE (rare Earth elements) are a more viable mining option. I find it alarming that it takes billionaires to bring to the forefront an industry that has been in the planning for decades. All of a sudden it is a “credible” venture. There are many of us that have believed in space mining as a viable business and some of us have even been working at making it happen.

One thing to remember is that an introduction of $50billion worth of Platinum to the supply would greatly affect its price. I believe that more strategic minerals such as the REE (rare Earth elements) are a more viable mining option.

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