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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
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