The ESA plans to start mining for natural resources on the moon

moon_mining

How do you mine for resources in a place where humans haven’t set foot for over four decades? That’s a question the european space Agency will have to answer if they need to achieve the lofty goal of extracting usable lunar material by 2025.

Rocket maker ArianeGroup announced on Monday that it had landed a one-year contract with the ESA to develop a gameplan for mining lunar regolith. Regolith, that is the material covering the surface of the Moon, could be a rich source of both water and oxygen, and being able to mine it’d potentially allow for a sustainable lunar settlement at some point in the not-so-distant future.

The use of the Space-Resources could be a key to sustainable Lunar exploration and this study is part of ESA’s comprehensive plan to make Europe a partner in global exploration in the next decade – a plan we’ll put to our Ministers for decision later this year at the Space19+ Conference, ESA’s Dr. David Parker said during a statement.

ArianeGroup, which will use its Ariane sixty four rocket platform as the centerpiece of its efforts, is partnering with fellow startups Pt Scientists and space Applications Services to develop a comprehensive plan which will include a lander and robotic hardware to harvest the Moon material. There are no plans for a manned mission at this time.

Mining otherworldly resources is a hot topic as of late, with various corporations and space groups working out the best possible approach for exploiting material from places like the Moon, Mars, and even asteroids tumbling through the solar system.

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Investment analysts are betting on space mining being a vastly profitable endeavor for whoever can master it 1st, even going so far as to suggest that mining in space will produce the world’s 1st trillionaire.

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