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Raw materials from outer space - Galactic endeavors

NASA wants to establish laws for the mining of valuable raw materials in space

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NASA intends to buy moon rocks and is looking for companies that carry out mining trips into space. Offers are already being solicited. Samples are to be collected during the trips to the moon. Thus, a precedent for mining on the moon's surface is to be created. 

The collected material remains on the moon and the ownership goes to NASA. NASA pays only for the collected material, estimated at 15,000 to 25,000 US dollars. Space has a lot of raw materials to offer, ice, helium and other materials. These materials would be useful for colonies on the moon and eventually Mars for future space missions.

According to NASA's Artemis program and the current US government, astronauts are scheduled to land on the moon in 2024. It would be the first time since Apollo 17 and that was 1972. On the moon there is silicon, titanium, aluminum, precious metals and rare earth metals. These include metals that are rare on Earth and are used for hybrid car batteries and cell phone batteries.

How the development in space continues is exciting. But as long as the extraction of raw materials there is unprofitable, it is better to look around at the companies that have the raw materials that are in demand today for the advancing technological development in their projects. Canada Nickel or Millennial Lithium are of interest here. 

Canada Nickel 's flagship project is the Crawford nickel-cobalt project in Ontario, Canada: https://www.commodity-tv.com/play/mining-newsflash-with-copper-mountain-mining-karora-resources-and-canada-nickel/. These coveted raw materials serve the stainless steel and electric vehicle markets.

Millennial Lithium owns the main Pastos Grandes project in the Argentine lithium triangle: https://www.commodity-tv.com/play/mining-newsflash-with-fiore-gold-millennial-lithium-treasury-metals-and-goldmining/. Work in the project's pilot pond is in full swing, concentrating lithium that will soon be used to feed the pilot plant.

Latest company information and press releases from Millennial Lithium (https://www.resource-capital.ch/en/companies/millennial-lithium-corp/) and Canada Nickel (https://www.resource-capital.ch/en/companies/canada-nickel-company-inc/).

In accordance with §34 WpHG I would like to point out that partners, authors and employees may hold shares in the respective companies addressed and thus a possible conflict of interest exists. No guarantee for the translation into English. Only the German version of this news is valid.

Disclaimer: The information provided does not represent any form of recommendation or advice. Express reference is made to the risks in securities trading. No liability can be accepted for any damage arising from the use of this blog. I would like to point out that shares and especially warrant investments are always associated with risk. The total loss of the invested capital cannot be excluded. All information and sources are carefully researched. However, no guarantee is given for the correctness of all contents. Despite the greatest care, I expressly reserve the right to make errors, especially with regard to figures and prices. The information contained herein is taken from sources believed to be reliable, but in no way claims to be accurate or complete. Due to court decisions, the contents of linked external sites are also co-responsible (e.g. Landgericht Hamburg, in the decision of 12.05.1998 - 312 O 85/98), as long as there is no explicit dissociation from them. Despite careful control of the content, I do not assume liability for the content of linked external pages. The respective operators are exclusively responsible for their content. The disclaimer of Swiss Resource Capital AG also 
applies: https://www.resource-capital.ch/en/disclaimer/ 

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Always up to date with the newsletter from SRC

Swiss Resource Capital AG will use the information you provide in this form to keep in touch with you and to provide you with updates and marketing information. To receive our news, you still have to give us permission to send you E-Mails below.

You can change your mind at any time by clicking on the Unsubscribe link, which you can find in the footer of every email you receive from us, or by contacting us at [email protected] We will treat your information with care and respect. For more information about our privacy practices, visit our website. By clicking below, you agree that we may process your information in accordance with these Terms.

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