The concept is not entirely new. In fact, it’s been a staple of science fiction for some time. Moving mining operations, refineries and even heavy industry to the Asteroid Belt as a way of reducing environmental stress and taking advantage of the sheer abundance of natural resources there. It was the concept behind Ben Bova’s The Asteroid Wars trilogy, and was even mentioned as early as 1898 in Garrett P. Serviss’ story Edison’s Conquest of Mars.

But as they say, science fiction leads to science fact. And when it comes to mining the asteroid belt, it seems some wealthy financiers and visionaries are hoping to get in on the ground floor. The company’s name is Planetary Resources, and its backers include James Cameron (of Aliens and Terminator fame) and Google founder Larry Page. Between these three forces, the idea and development capital are being made to being the commercial exploitation of our system’s many, many rocks.

The plan call for the development of viable space craft which will be able to fly out to the Belt, harvest materials, and then return. However, the long term projections involve the creation of mining colonies, heavily automated facilities that will be capable of taking in harvested rocks and ore and convert them to useable materials before they are ever brought back to Earth. After all, while every asteroid is a potential goldmine (literally!), the goal here is to eventually move the majority of the smelting and other potentially harmful operations off of Earth, into space and into orbit.

Click on the link below to read the full article and video below to learn the full extent of the company’s plans. Who knows? If the prospect looks good, maybe Cameron will want to buy the rights to Bova’s series and start making a series of promotional movies 😉

CBC News – Planetary Resources Inc.

http://www.cbc.ca/news/technology/story/2012/04/23/space-mining.html