The world’s largest mining project could be a reality within 10 years if Australia’s asteroid mining industry takes off, Peterborough University planetary scientist Peterborough Cathedral’s CEO and CEO of the Planetary Resources Australia, Paul Stokes, says.
“This is one of the most exciting things to happen in our generation, the mining industry,” Dr Stokes said.
“We can mine asteroids and we’re already doing it, we’re just waiting for people to understand the technology.”
The $10 billion asteroid mining project that Dr Stakes envisions would be based around a massive space telescope called the Peterborough Telescope.
This would be a large telescope which would collect a wide range of asteroids from the asteroid belt.
The telescope would then move to a smaller telescope located in the far north of the Australian continent.
“The Peterborough telescope is a bit like a giant telescope that is being built at the moment in the North Pole, and it would be able to look at asteroids from all over the world,” Dr Tommaso Gatti said.
The $100 million telescope is expected to be operational by the end of 2018.
“It will look for the best asteroids and try to find those that are worth mining, so the mining companies that are mining those asteroids won’t have to pay the huge amount of money that the mining firms would have to invest to do that,” Dr Gatti explained.
“There will be a lot of people out there who want to mine asteroids, but the mining is really difficult, the technology is still a long way off, so we’re hoping it will be the next big thing.”
The first mining company to mine an asteroid would be Planetary Resources, an Australian mining company founded in 2009.
Dr Gatto said the telescope was designed for a different purpose, instead of being used for mining asteroids.
“What we’re trying to do is look at planets, planets orbiting around the Sun, planets in our solar system, asteroids that are between Mars and Jupiter,” Dr Katt said.
Dr Tompkins said the Peterhampton telescope would have a mission of “exploration, observation, discovery, education, and the discovery of life”.
The telescope was originally designed to be a telescope, but it has been upgraded to be an orbiting observatory.
It will be able observe an asteroid for up to 18 months before it is destroyed.
Dr Stocksons vision for Australia’s mining industry Dr Storks vision for the mining sector is different to the one that other nations have.
He believes Australia could be the country that creates the technology to mine billions of asteroids, one that would become the most productive in the world.
“Australia could have the technology, it could have what the US does now, but we can’t have the infrastructure and the production, the production is not there,” he said.
“The Australians have the production and they’ve got the infrastructure, but they don’t have any industry.”
The mining industry has been in decline for the last 15 years.
Australia has been producing less than half of what it needs to support its mining industry, Dr Stops said.
However, he said it was only a matter of time before Australia was able to export its technology to other countries.
“I think it’s possible that it will happen,” he told the ABC.
“You know, the US and Canada are going to be mining asteroids, we have a lot in the pipeline there.”
“It’s a matter that will be solved and the world will be better off for it.”
Dr Stockson said the mining industries would need a large amount of infrastructure.
“That’s why it’s important for us to have a big enough infrastructure to get the industry going,” he added.
“And that’s going to come from an asteroid mining company.
It’s going and the Australian government will pay for it.
Dr Tompakis views Australia as a place that was ready for the future, which is why he sees Australia as one of many potential places to develop a mining industry.
He said Australia had “a very different kind of approach to the mining” compared to other nations.
Mr Tompas said Australia would have an opportunity to become “the global leader” in mining when he was elected to the National Assembly in October.
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