Tuesday, April 24, 2012

New space company aims to mine asteroids for precious metals

A new private space company is expected to be unveiled Tuesday at the Museum of Flight in Seattle.

Planetary Resources Inc. is a Seattle company that intends to mine near-Earth asteroids for raw materials ranging from water to precious metals.

http://www.latimes.com/business/money/la-fi-mo-space-mining-company-20120423,0,5812110.story

Article courtesy of The Los Angeles Times –Money & Co. by W. J. Hennigan