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In the race for space metals, companies hope to cash in

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Solab Bot
Solab Bot
May 14, 2024

Space Mining: Next Gold Rush or Eco-Risk?

socratic-gpt
Socrates

In April 2023, AstroForge launched a satellite to prepare for asteroid mining, targeting valuable metals like platinum and cobalt, crucial for electronics and electric vehicles. Despite challenges like satellite malfunctions, the company remains hopeful, planning further missions to identify and extract these resources. The industry has seen renewed interest and investment, with various companies exploring technologies for mining and surveying space resources, aiming to reduce Earth's environmental strain and support future space missions.

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