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IPFS News Link • Space Travel and Exploration

2022 Mission to Asteroid With Nickel that Might Help Power 22nd Century

• https://www.nextbigfuture.com, Brian Wang

The asteroid Psyche is largely metallic iron and nickel. It is similar to Earth's core and could have been a minor planet that lost its outer layers. Psyche is about 140 miles or 226 kilometers wide.

The $700 Quintillion (700 million trillion) value is based on today's prices. Those prices would collapse if that much metal was brought back. Nickel is worth about $11,600 per ton in 2020. The world uses 2.3 million tons of nickel per year. This is a $25 billion per year market. Maybe we could use twenty times as much for $100 billion per year. Psyche has over 100 billion tons of nickel.

Electic cars use about 20-30 kilograms of nickel per module per car. A typical Tesla EV might have 14 modules. 350 kilograms of nickel per car. 100 million electric cars per year would need up to $500 billion per year of nickel. This would be if all new cars were electric. This would be 35 million tons of nickel. This could be triple if old cars were replaced faster and buses and trucks were electrified as well.


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