China Starts The Moon Mining Race With Three Missions Planned To Dig Future Energy Source

China plans on launching three unmanned missions to the moon following its discovery of a lunar material containing helium-3, touted to be a future source of energy.

Beijing’s National Space Administration aims to unearth unmoon the mineral it is calling Changesite-(Y), a lunar resource discovered from the rock samples gathered by Chang’e-5 mission in 2020. The agency has received the approval to launch three orbiters over the next 10 years.

Source: China National Space Administration, China Atomic Energy Authority

The announcement could mark the resumption of the space race among China, US, and Russia–the leading countries with space programs. The US–the first one to put a man on the moon–hasn’t been able to repeat the feat since 1972, while its recent moon-bound unmanned mission Artemis I has been delayed for a second time.

Granada Gold Mine — sponsored Sponsored · Granada Gold Mine

Beijing described the lunar material as a “phosphate mineral in columnar crystal” found in lunar rock particles.

The commodities and energy war currently happening on Earth might extend on its only natural satellite as NASA probes the moon’s south pole where China plans to build a research station in conjunction with Russia.

A 2017 University of Wisconsin paper estimates that the solar wind has deposited around 1 million tons of helium-3 on the moon’s surface. Experts, however, are not yet convinced that extraterrestrial mining of the mineral for commercial use is relatively feasible.


Information for this briefing was found via Business Insider and China Daily. The author has no securities or affiliations related to this organization. Not a recommendation to buy or sell. Always do additional research and consult a professional before purchasing a security. The author holds no licenses.

Video Articles

Silver Is in a New Price Regime, and the Market Isn’t Used to It | Keith Neumeyer – First Majestic

Agnico Eagle Just Made a Massive Gold Land Grab

A Copper-Gold Deposit Caught the White House’s Attention | Rob McLeod – Cambria Gold

Recommended

Mercado Drills 256 g/t Silver Over 6.5 Metres In First Drill Hole of Inaugural Program

Antimony Resources Drills 4.38% Sb Over 7.05 Metres At Bald Hill In Final Hole Of 2025 Program

Trending

Related News

Securing Antimony Amid China’s Export Curbs This Week

FULL DISCLOSURE: This is sponsored content for Hertz Energy. China’s decision to impose export controls...

Monday, September 9, 2024, 12:15:00 PM

Chinese Yuan Soars to Highest in Three Years Against US Dollar

The Chinese yuan soared to the highest level against the US dollar in over three...

Wednesday, May 26, 2021, 11:11:00 AM

Huawei To Be Cut Off From Global Chip Suppliers as Tensions Between US and China Continue to Rise

As tensions continue to rise between the US and China, President Donald Trump continues to...

Sunday, May 17, 2020, 08:04:00 PM

Tesla Owners in China Demand Compensation Over Drastic Model S and Model X Price Drops

Tesla (Nasdaq: TSLA) has implemented another round of significant price cuts, this time for its...

Tuesday, September 5, 2023, 06:18:00 AM

Ray Dalio: Surging US Debt Makes Chinese Bonds More Attractive to Investors

Over the past decade, US debt levels have been on an alarming trajectory, which has...

Tuesday, March 23, 2021, 10:36:00 AM