It would collapse the global economy if we brought it home.
It might have just pushed back its manned mission to Mars, but NASA just fast-tracked a planned journey to 16 Psyche – an asteroid made almost entirely of nickel-iron metal.
Estimated to contain $10,000 quadrillion in iron alone, if we could somehow mine Psyche’s minerals and bring them back to Earth, it would collapse our comparatively puny global economy of $78 trillion many times over. Fortunately for the economic stability of our planet, NASA plans on looking but not extracting.
“It’s such a strange object,” Lindy Elkins-Tanton, lead scientist on the NASA mission and the director of Arizona State University’s School of Earth and Space Exploration, told Global News Canada back in January. “Even if we could grab a big metal piece and drag it back here … what would you do?” she adds. Continue Reading →