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Spirethoughts

Spire's six most recent Spirethoughts.

Microsoft supports Asia's renewable energy industry
Microsoft supports Asia’s renewable energy industry
As Sri Lanka's population ages, the insurance market booms
As Sri Lanka’s population ages, the insurance market booms
Africa's aviation sector opens up
Africa’s aviation sector opens up
Amazon enters the healthcare sector
Amazon enters the healthcare sector
India among the world’s top compact SUV markets
India among the world’s top compact SUV markets
Egyptian-Israeli gas deal to boost bilateral trade
Egyptian-Israeli gas deal to boost bilateral trade

Space-mining for platinum on the cards

Platinum mining in space is getting cheaper and easier. Prospect probes can probably be built for tens of millions of dollars each. An asteroid-grabbing spacecraft could cost USD2.6 billion.

Space mining seems more lucrative than initially thought. An asteroid the size of a football field could contain USD25 billion to USD50 billion worth of platinum.

Although space mining is still not viable commercially, the possibilities are endless. Space mining could even lead to in-space manufacturing.

When will space mining become a viable market for investors?


For media enquiries, please contact:

Nidhi Singh
Manager, Group Corporate Communications
Spire Research and Consulting
Phone: (91) 124 646 5499
E-mail: nidhi.singh@spireresearch.com

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