How about colonizing Mars and mining the asteroids in the asteroid belt? Sounds like alot better idea to me.
And why does he need money from the government to do this if he is a billionaire? If he is so interested, he should just do it on his own dime.
I don't see how mining on the moon could possibly be comoetetive with mining on the Earth. Sure it is technically feasable but profitable would be another question. Just the transportation costs would be, pardon the pun, "astronomical".
What would be the point of mining the moon and not bringing it back? You would not get any revenue for your efforts to help pay for your costs (unless you expect the taxpayers to pay for it all for you).
Jain's company, Moon Express, Inc., has already been awarded $10 million by NASA, and plans to establish a mining operation on the moon's surface within a couple of years.
And this is economically viable?
Yes, says Jain. The most expensive part — reaching the moon — can be done for under a hundred million dollars — "a pittance," he says. "There's a tremendous amount of waste in the government," explains Jain. With NASA's space shuttle program shuttered, Jain sees an opportunity. "Private companies can do things better."
Let me see. You have two options. One, build a larger spaceship on Earth- using existing facilities and resources. Or build it in parts on the Earth, send them up into orbit and join them together up there and then proceed on to Mars.Well if you're planning on going to Mars anyway building a spaceship on the moon might actually be cheaper. Or say if you wanted to build a "space hotel" orbiting the earth. Since blasting off from the moon takes less energy it might be cheaper to fabricate it on the moon and send it back.
Let me see. You have two options. One, build a larger spaceship on Earth- using existing facilities and resources. Or build it in parts on the Earth, send them up into orbit and join them together up there and then proceed on to Mars.
Or you can go to the moon with lots of rockets bringing gear, equipment, people, and supplies like food and water. Build and operate a mining facility and a processing plant and a manufacturing facility to make a rocket ship there.
Which program would be lower cost?
OK- so we use the same rocket over and over going to the moon. Let us go with this assumption. This rocket has to take with it the fuel the plants on the moon need to produce their output and this rocket also has to carry the fuel for the rocket from the moon to Mars (there isn't any available on the moon). Wouldn't it be more efficient to put that fuel on the rocket at it's Earth station and avoid the gas station on the moon? (with it just basically being a gas station and reusing our rockets, we no longer have any reason to be mining the moon and building rockets there which was the original premise).
Helium 3 is deposited on the lunar surface by solar winds and would have to be extracted from moon soil and rocks.
To extract helium 3 gas the rocks have to be heated above 1,400 degs Fdegs C). Some 200 million tonnes of lunar soil would produce one tonne of helium, Taylor said, noting that only 10 kilos of helium are available on earth.
Indian President A.P.J. Abdul Kalam told the International Conference on Exploration and Utilisation of the Moon on Wednesday that the barren planet held about one million tonnes of helium 3.
"The moon contains 10 times more energy in the form of Helium 3 than all the fossil fuels on the earth," Kalam said.
However, planetary scientist Taylor said the reactor technology for converting helium 3 to energy was still in its infancy and could take years to develop.
"The problem is that there is not yet an efficient type of reactor to process helium 3. It is currently being done mostly as a laboratory experiment. Right now at the rate which it (research) is proceeding it will take another 30 years," he said.
Thank you for the link.
So you have to extract 100 million tons of moon rock and heat it to 1400 degrees (can't tell if that is farenheit or celsius) to get one ton of helium 3. How much energy would that require for the extraction?
One obvious problem with the concept will be the lunar shifting caused when weight of the products created are redistributed from the moon to the earth. This will then cause disruption of the earth's tide quickening global warming.
Uncle wins the gold star! Those monthly cycles occur for a reason.