Raw materials from outer space - Galactic endeavors
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/).
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