Mining the moon has become a serious possibility due to
the fact that the moon contains a surplus of water ice at its north and south
poles. It is projected that the moon has
approximately 1.6
billion tonnes of water ice and "It is this, more than anything
else," Cornfield writes, "that has kindled interest in mining the
Moon, for where there is ice, there is fuel." Shackleton Energy Company plans to utilize
the moon’s water ice by extracting it and turning it into rocket fuel. Then, they would be able to create fuel
stations in earth’s orbit. They would
essentially be creating a gas station in space.
However, water ice isn’t the only thing the moon has to offer. The moon also contains rare-earth elements
and China has taken advantage of these elements since they touched down on the
moon in December of 2013. "All
interested parties agree that the Moon -- one step from Earth -- is the
essential first toehold for humankind's diaspora to the stars," Corfield
concludes.
Citation: http://www.sciencedaily.com/releases/2015/02/150202114634.htm