Can asteroid mining be profitable? AstroForge is counting on it
Asteroid mining company AstroForge is putting big money behind space minerals, but being an early adopter can be challenging.
11 April 2024
11 April 2024
Asteroid mining company AstroForge is putting big money behind space minerals, but being an early adopter can be challenging.
Home to various suppliers, China's mining sector is investing in battery-powered tech in the form of small-scale electric trucks.
More than 38,500mt of concentrated rare earths were produced by MP Materials in 2020, surpassing 15% of the world's consumption.
The company acquired the property by staking claims directly in Saskatchewan, Canada.
The funding will support Compagnie du Trans-Guinéen, a joint venture (JV) with a 15% stake held by the Guinean Government.
As Australia’s miners come to terms with recent losses, how can mine safety and rescue be improved and what’s the role of technology in this effort?
The initiative will offer the basis for an updated mineral resource estimate for inclusion in the company's 2025 definitive feasibility study (DFS).
The project is anticipated to yield approximately 400,000oz of gold annually for the initial five years.
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