An assessment of near-earth asteroid resources

On the basis of remote-sensing evidence and meteorite studies, a substantial fraction of small asteroids in near-earth space should contain abundant volatile (water, carbon, carbon compounds) and/or free metal (nickel-iron) materials. Although there are only about 40 known earth-approaching asteroids, this number could be increased by at least an order of magnitude in a few years by a dedicated search program with a large telescope (48 in. Schmidt). A discovery rate of 20 objects/yr could be expected from a facility costing about $3 million to establish. Relatively high-resolution, broad-wavelength coverage reflectance spectra could be made for many of these objects with a large telescope and instruments under development. Such spectra are necessary for detailed mineralogic, characterizations of these asteroids. Low-resolution survey survey spectra with similar wavelength coverage (UBVRIJHK filters) would provide useful characterizations of fainter objects.