Off Earth Mining Grant for UNSW researchers and NASA
UNSW Mining Engineering Associate Professor Serkan Saydam and Professor Andrew Dempster (ACSER, UNSW Australia) have recently been successful in securing a $100,000 grant in collaboration with NASA’s Caltech - Jet Propulsion Laboratory on the topic of Mining on Mars.
The aim of this research is to develop an integrated set of risk-based financial and technical models to evaluate multiple Off-Earth Mining scenarios. This quantitative, scenario and simulation based tool will help identify combinations of market variables, technical parameters, and policy levers that will enable the expansion of the global economy into the solar system and return economic benefits.
While the grant sits with NASA’s Caltech - Jet Propulsion Laboratory, the collaboration means a vital exchange of research between UNSW and NASA, and some exciting developments in the area of off earth mining.