Last updateThu, 22 Feb 2018 4pm

Goldman Sachs says mining platinum from asteroids “realistic”

Just one small space rock could earn cosmic miners a whopping £40 billion (over $51 billion US) if they can figure out how to bring it back to Earth

Goldman Sachs asteroids

The global investment bank Goldman Sachs has claimed mining asteroids for precious metals is a “realistic” goal.

It has released a report exploring the possibility of using an “asteroid-grabbing spacecraft” to extract platinum from space rocks.

"While the psychological barrier to mining asteroids is high, the actual financial and technological barriers are far lower," the report said, according to Business Insider.

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