Space likely for rare earths search, scientists say

Image
Press Trust of India
Last Updated : Feb 20 2013 | 5:15 PM IST
Sydney, Feb 20 (AFP) The quest for rare earths vital to some of modern life's most indispensable technologies may see mining robots jet to the stars within decades, a world-first conference in Australia was told today. Yttrium, Lanthanum and the other 15 minerals which make up the group of elements known as rare earths are crucial to everything from wind turbines and hybrid cars to cruise missiles and the ubiquitous smartphone. As technology advances so does demand for the elements which, although relatively abundant, require laborious and waste-intensive processing to be freed from surrounding rock. They are a precious commodity so precious scientists are now looking beyond Earth's reaches for new supplies, with moon and asteroid mining becoming a lucrative prospect, according to researchers and tech firms gathered in Sydney for the world's first formal "Off-Earth Mining Forum". "It's about joining the dots," explained conference convener Andrew Dempster from the Australian Centre for Space Engineering. "I think we've got to the point where people are saying 'yeah, I think we can do this'." A cross-section of the space and mining industry's top minds have gathered to swap ideas about the latest advances in space and mining technology, from Rio Tinto and Sandvik to NASA and Japan's space agency JAXA. Rene Fradet, of NASA's Jet Propulsion Laboratory - the organisation behind the current Mars Curiosity Rover mission - believes space mining will be possible and economical within 20-30 years. But Dempster thinks it could be quicker than that. "Most of the technology already exists, but there needs to be a business case. It depends on making that business case." Like the challenges, the costs are substantial: to transport one kilogram to the moon is USD 100,000, and none of the cutting-edge completely automated technology comes cheap. One delegate, NASA affiliate Berok Khoshnevis from the University of Southern California, has developed technology to make waterless sulphur-based cement from the loose rubble on Mars and Earth's moon. Matthew Dunbabin, from the Australia's government's science agency CSIRO, has done a large-scale simulation of using mining machinery in space and told delegates the main issue was electrical power. Few space missions had attempted significant excavations - the sum total of all NASA's Apollo missions had been 382 kilograms and the Mars programme had netted in the order of "grams", Dunbabin said. (AFP) SJS NKP 02201700 NNNN
*Subscribe to Business Standard digital and get complimentary access to The New York Times

Smart Quarterly

₹900

3 Months

₹300/Month

SAVE 25%

Smart Essential

₹2,700

1 Year

₹225/Month

SAVE 46%
*Complimentary New York Times access for the 2nd year will be given after 12 months

Super Saver

₹3,900

2 Years

₹162/Month

Subscribe

Renews automatically, cancel anytime

Here’s what’s included in our digital subscription plans

Exclusive premium stories online

  • Over 30 premium stories daily, handpicked by our editors

Complimentary Access to The New York Times

  • News, Games, Cooking, Audio, Wirecutter & The Athletic

Business Standard Epaper

  • Digital replica of our daily newspaper — with options to read, save, and share

Curated Newsletters

  • Insights on markets, finance, politics, tech, and more delivered to your inbox

Market Analysis & Investment Insights

  • In-depth market analysis & insights with access to The Smart Investor

Archives

  • Repository of articles and publications dating back to 1997

Ad-free Reading

  • Uninterrupted reading experience with no advertisements

Seamless Access Across All Devices

  • Access Business Standard across devices — mobile, tablet, or PC, via web or app

More From This Section

First Published: Feb 20 2013 | 5:15 PM IST

Next Story