Space mining – managing astronomical complexity

The Australasian Institute of Mining and Metallurgy
K Markovic D Brown Z Tabor
Organization:
The Australasian Institute of Mining and Metallurgy
Pages:
6
File Size:
119 KB
Publication Date:
Sep 1, 2024

Abstract

From ancient times to the modern world, the mining industry has played a pivotal role in shaping the society that we live in today. It remains an integral part of everyday life and is a catalyst for both technological and economic growth. With finite resources on Earth, and growing pressures surrounding climate change and the environment, space mining opportunities have become of increasing interest. Recent discoveries have shown celestial bodies including the Moon and surrounding asteroids, contain an abundance of critical minerals, as well as resources necessary to sustain human life. These discoveries coupled with a transition into the digital and autonomous age, offer an innovative solution to solving some of the mining challenges currently being faced on Earth. Similarly, they also offer a pathway to enabling deep space exploration and off Earth exploratory missions. However, like with mining operations on Earth, space remains and immensely challenging and complex operational environment. The inhospitable nature of space poses new challenges, including communication barriers, lunar dust, cosmic radiation, and gravity. The challenges and risks are not just technological, as Environmental, Social, and Governance (ESG) factors must also be considered to prevent unintended consequences and hazards. Furthermore, future workforce, law, financial, and security systems must evolve to enable space mining to take place. These are all known aspects to begin with, but as the complexity of the space grows it becomes apparent that a holistic approach to assess and manage these factors will be required.
Citation

APA: K Markovic D Brown Z Tabor  (2024)  Space mining – managing astronomical complexity

MLA: K Markovic D Brown Z Tabor Space mining – managing astronomical complexity. The Australasian Institute of Mining and Metallurgy, 2024.

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