New NASA mission to help us learn how to mine asteroids
Asteroids could one day be a vast new source of scarce material if the financial and technological obstacles can be overcome. Asteroids are lumps of metals, rock and dust, sometimes laced with ices and tar, which are the cosmic "leftovers" from the solar system's formation about 4.5 billion years ago. There are hundreds of thousands of them, ranging in size from a few yards to hundreds of miles across. Small asteroids are much more numerous than large ones, but even a little, house-sized asteroid should contain metals possibly worth millions of dollars.
There are different kinds of asteroids, and they are grouped into three classes from their spectral type -- a classification based on an analysis of the light reflected off of their surfaces. Dark, carbon-rich, "C-type" asteroids have high abundances of water bound up as hydrated clay minerals. Although these asteroids currently have little economic value since water is so abundant on Earth, they will be extremely important if we decide we want to expand the human presence throughout the solar system.