Google Inc executives Larry Page and Eric Schmidt and filmmaker James Cameron are among those bankrolling a venture to survey and eventually extract precious metals and rare minerals from asteroids that orbit near Earth, the company said on Tuesday.
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Planetary Resources also declined to discuss specifics about how and when asteroid mining would begin. A 30-meter long (98-foot) asteroid can hold as much as $25 billion to $50 billion worth of platinum at today’s prices, Diamandis said.
