Thanks to our exploration of the Moon over the past decades, we now know that it is a potentially huge repository of natural wealth.
For a start, there appears to be abundant water ice at the Moon’s south pole – crucial for setting up lunar bases or colonies. There are rare-earth metals such as neodymium and lanthanum, which are used in technologies like speakers, smartphones, batteries and camera lenses, and there are plenty of other useful metals, such as silicon, titanium and aluminium. What’s more, it’s thought that the Moon’s surface has a relatively high concentration of a rare isotope of helium called ‘helium-3’, which could be used to power future nuclear fusion reactors. Companies are already drawing up plans to develop the technology to mine the Moon. But what would be the consequences of going after these resources?
1 There could be a lunar ‘gold rush’
A Moon race is hotting up again. This time, it’s not just between the US and the USSR, as it was in the 1960s. Instead, many countries, such as India and China, are involved, as well as private companies such as SpaceX in America and SpaceIL in Israel.
They are interested in finding a way to build a presence on the Moon that will be sustainable over the long-term. And they are also interested in whether mining the Moon can be a feasible economic prospect. Strikingly, there is little international law to regulate this endeavour.
This story is from the May - June 2020 edition of BBC Earth.
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This story is from the May - June 2020 edition of BBC Earth.
Start your 7-day Magzter GOLD free trial to access thousands of curated premium stories, and 9,000+ magazines and newspapers.
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