Tradebloc – Our name was derived with Space in mind. Specifically our company wants to be at the forefront of intergalactic trade and mining. Harnessing valuable minerals from a practically infinite source like space will provide stability on Earth. Mining Asteroids and the Moon will provide sustainable resources on Earth and will afford the availability to maintain a human presence in space.
In 2015, the U.S. Congress passed legislation that unilaterally gave American companies the right to own and sell natural resources they mine from celestial bodies, including the Moon. In April 2020, an executive order was signed to encourage US companies to mine the Moon and other celestial bodies for resources.
Mining the Moon wouldn’t have any significant effects on our quality of life – the Moon has a mass of 73 quadrillion tons, even if we removed one metric ton from the Moon every day, it would take 220 million years to deplete 1% of the Moon’s mass. A 2009 NASA mission revealed that the lunar surface contains an array of compounds, including gold, silver, and mercury. The NASA space agency announced it is looking for companies to collect rocks and dirt from the lunar surface, and then sell them to NASA, as part of a technology development program that would eventually help astronauts “live off the land.” The Moon is rich in water, rare Earth minerals and Helium 3, a powerful energy source. Water will allow us to have a permanent presence on the Moon; China is the leading provider of rare Earth minerals and they are a decade away from running out; a kilogramme of Helium-3 is expected to fetch $3,000,000. The profits of Moon mining are incredibly lucrative.
At Current market prices, asteroid 16 Psyche contains enough gold and other precious metals to be worth roughly $700 quintillion, which is enough to give every single human being on this planet a private fortune of nearly a hundred billion. Scientists just calculated that one of two metallic asteroids floating in Earth’s vicinity may contain precious metals worth about $11.65 trillion.
Notable space mining challenges include the high cost of spaceflight, unreliable identification of asteroids and areas of the Moon which are suitable for mining, and the challenges of extracting usable material in a space environment. This last area of extraction is where Tradebloc Inc. will place its focus; we plan on filing patents and developing zero-G mining equipment. We will use the next decade mining space-like materials on Earth to master the techniques that will be used in space.