Mining’s next boom is off the map: Arctic ice, abyssal plains and asteroids
- •It's fascinating how depletion and lower ore grades are really pushing companies to these extreme frontiers.
- •My initial thought goes straight to the long-term potential here.
- •I've got some exposure to traditional mining in my portfolio, mostly major diversified players.
Hey everyone, just read this article on Mining.com about the next generation of mining – looking at Arctic ice, abyssal plains, and even asteroids (link here). It's fascinating how depletion and lower ore grades are really pushing companies to these extreme frontiers. I’ve always been interested in resource scarcity and how that drives innovation (and investment opportunities!), and this really takes it to another level.
My initial thought goes straight to the long-term potential here. I've got some exposure to traditional mining in my portfolio, mostly major diversified players. But this article makes me wonder if I should be looking more closely at some of the smaller, more speculative companies that might be positioning themselves for these future plays, especially in deep-sea mining. The article mentions it's moving into a regulatory fight, so I know there's a lot of risk, but the potential upside for those who get in early could be massive. For a while now, I’ve been trying to diversify beyond just tech and real estate for my retirement funds, and this kind of far-future resource play could be an interesting, albeit risky, addition.
What are your thoughts on this? Is anyone here already invested in companies looking at these "off the map" resources? Or do you think it's still too far out, or too speculative for now? Would love to hear some other perspectives on the environmental and ethical considerations too, especially for deep-sea mining. Always appreciate the collective wisdom of this group!