Private Firms in Luck- Platinum Loaded Asteroid at First Come, First Serve

Mining Firm Aiming For Platinu
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Asteroid 2011 UW-158 has passed earth once, and is due to pass by again in another three years, probably with a different appearance. Currently, the asteroid was recorded to be of 0.5 mile diameter, and possesses a platinum rich core, which is estimated to near value of 5.4 trillion dollars.

The-Space-Economy

An interesting fact to add to this is a law that astronomer Bob Berman explains about, “There’s the little matter of the 1967 Space Treaty and almost all countries have signed that saying no nations can claim a celestial body but it doesn’t say anything about companies, corporations, firms, private entities. Nations cannot claim a celestial object but a private company can so if they can get there and they can mine it with all that platinum then good luck to them, it’s all theirs.”

The International Space Station has launched a rocket in hopes of acquiring the platinum, but now they are targeting something that might prove even more precious to their Space Station: water.

Mining-firm-aiming-for-platinu (1)

This asteroid belt is rumored to have enough resources to make everyone on this planet a trillionaire. On the record, we have nothing to fear about the safety of earth as the asteroid had passed far enough the first time, and the second time would also be too far to even be seen with the naked eye.

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Author:Technology Blog

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