Asteroid Mining 22,000 Miles Above Sea Level

$20 Trillion: That’s how much mineral wealth is buried in 3554 Amun, a tiny asteroid that crosses Earth’s orbit
Asteroid Mining 22,000 Miles Above Sea Level
Rosetta’s lander Philae as it is safely on the surface of Comet 67P/Churyumov-Gerasimenko, as these first CIVA images confirm which became the first spacecraft to land on a comet when it touched down on Nov. 13, 2014. AP Photo/Esa/Rosetta/Philae
Jonathan Zhou
Updated:

$20 Trillion: That’s how much mineral wealth is buried in 3554 Amun, a tiny asteroid that crosses Earth’s orbit, as estimated by planetary scientist John S. Lewis in his 1997 book “Mining the Sky: Untold Riches from the Asteroids, Comets, and Planets.”

Lewis arrived at that figure by multiplying the amount of various minerals stored on Amun with their market prices at the time.

The vast sum wasn’t meant to be taken literally — a sufficient expansion in the supply of rare minerals would send it prices crashing down, just as the discovery of how to cheaply synthesize aluminum, which was once more precious than gold, downgraded it from the cutlery material of choice by European royalty to a pedestrian household good — but was illustrative of the fact that resources scarce on earth were abundant in outer space. 

Jonathan Zhou
Jonathan Zhou
Author
Jonathan Zhou is a tech reporter who has written about drones, artificial intelligence, and space exploration.
Related Topics