Via the BBC: Plans for asteroid mining emerge
The founders include film director and explorer James Cameron as well as Google’s chief executive Larry Page and its executive chairman Eric Schmidt.
They even aim to create a fuel depot in space by 2020.
However, several scientists have responded with scepticism, calling the plan daring, difficult and highly expensive.
They struggle to see how it could be cost-effective, even with platinum and gold worth nearly £35 per gram ($1,600 an ounce). An upcoming Nasa mission to return just 60g (two ounces) of material from an asteroid to Earth will cost about $1bn.
Intriguing, to be sure. Still, it does sound a bit far-fetched.