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Asteroid Mining and the Market for Platinum, a speculative analysis
- Publication Year :
- 2021
- Publisher :
- Faculty of Commerce, 2021.
-
Abstract
- The potential existence of a high-volume asteroid-derived platinum supply is examined from an economic perspective to assess the possible impact on long-term platinum supply. It is hypothesized that space-mined resources will increasingly become available over the next 30 years to 2050, driven by growing human activity in near-Earth space. Forecasted asteroid platinum supply under 3 scenarios is compared to forecasted terrestrial platinum supply. The thesis finds that, depending on the speed at which the size of an asteroid practical to mine up-scales, space-mined platinum has the potential to significantly impact on the terrestrial platinum market.
- Subjects :
- Economics
Subjects
Details
- Language :
- English
- Database :
- OpenAIRE
- Accession number :
- edsair.od......3158..445e3f2c2cd69881907296fe47bd5715