[QODLink]
Americas
US billionaires to mine asteroid resources
Planetary Resources company, backed by director James Cameron, to hunt for fuel and precious minerals.
Last Modified: 25 Apr 2012 05:35

A group of US billionaires - including director James Cameron and the co-founders of internet search company Google - have announced plans to mine asteroids in space for resources such as ice, fuel and precious minerals.

The new firm, Planetary Resources, plans to launch a telescope capable of tracking asteroids - left over from the Big Bang - as they pass-by the Earth in hopes of finding resources for further human endeavours in space.

Al Jazeera's John Terrett reports from the US Air and Space Museum in Washington.

Source:
Al Jazeera
Topics in this article
People
Country
City
Featured on Al Jazeera
Italy struggles to deal with growing flood of migrants willing to risk their lives to reach the nearest European shores.
Israel's Operation Protective Edge is the third major offensive on the Gaza Strip in six years.
Muslims and Arabs in the US say they face discrimination in many areas of life, 13 years after the 9/11 attacks.
At one UN site alone, approximately four children below the age of five are dying each day.
Featured
Amid vote audit and horse-trading, politicians of all hues agree a compromise is needed to avoid political instability.
Part of the joint accord aimed at ending the political impasse establishes an independent National Election Commission.
Rights groups say the US prosecution of terrorism cases targets Muslims and are fraught with abuses.
Local painters forgo experimentation to cater to growing number of foreign buyers.
Cyprus is a tax haven and has long attracted wealthy Russians, but it could become a European energy hub.
join our mailing list