Thursday, May 26, 2011

The next next next natural resource gold rush: The Moon

So apparently the moon has a ton of helium 3 also known as Tritium.

From a Popular Mechanics article on why to go back to the moon.

Samples collected in 1969 by Neil Armstrong during the first lunar landing showed that helium-3 concentrations in lunar soil are at least 13 parts per billion (ppb) by weight. Levels may range from 20 to 30 ppb in undisturbed soils. Quantities as small as 20 ppb may seem too trivial to consider. But at a projected value of $40,000 per ounce, 220 pounds of helium-3 would be worth about $141 million.

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