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American Focus > Blog > Tech and Science > Trillion dollars’ worth of platinum waiting to be mined on the moon
Tech and Science

Trillion dollars’ worth of platinum waiting to be mined on the moon

Last updated: June 2, 2025 9:35 am
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Trillion dollars’ worth of platinum waiting to be mined on the moon
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Lunar Craters: A Potential Goldmine of Precious Metals

Lunar craters could be a rich source of platinum

NASA’s Scientific Visualization Studio

Recent research suggests that craters on the moon might contain valuable deposits of platinum and other precious metals, potentially worth over a trillion dollars. These metals are believed to have been brought to the moon by asteroids, making lunar prospecting a potentially lucrative venture. This could offer a more economically feasible alternative to mining asteroids individually in space.

Jayanth Chennamangalam, a renowned independent researcher based in Vancouver, Canada, along with his team, has been investigating the presence of commercial quantities of platinum group metals such as platinum, palladium, rhodium, ruthenium, iridium, and osmium that were left behind by asteroids impacting…

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