Asteroid mining project - Luxembourg hits on goldmine, in space
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| It may sound like something from a sci-fi movie but Luxembourg's joint-venture to mine asteroids is more than the stuff of mere movies. A world's first, the Grand Duchy is expected to work with SES, two US companies and financiers to pull off the crazy coup, which will see Luxembourg become a major global player in space resources. The project, further information about which will be revealed by Luxembourg Economy Minister Etienne Schneider on Wednesday, will focus on harnessing resources such as gold, platinum, water and other minerals from the 13,000 or so asteroids found close to the earth. Experts place the value of the minerals exploited from a cubic metre of an asteroid at 1,000 billion USD, making this a highly lucrative venture. http://www.wort.lu/en/business/asteroid-mining-project-luxembourg-hits-on-goldmine-in-space-56b0dde90da165c55dc524af |
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