SOLAR SYSTEM

Detailed explanation-1: -Minerals that can be found in asteroids are: iron, nickel, iridium, palladium, platinum, gold, and magnesium to name a few. Metal, however, is not the only thing that would be mined from asteroids.

Detailed explanation-2: -Asteroids are chunks of rock that failed to stick together to make a planet. Most of them circle the Sun between Mars and Jupiter where there would be room for another planet. There are millions of asteroids, some the size of a car, and others as big as mountains. Asteroids travel in a ring around the Sun.

Detailed explanation-3: -M-type (aka M-class) asteroids are a spectral class of asteroids which appear to contain higher concentrations of metal phases (e.g. iron-nickel) than other asteroid classes, and are widely thought to be the source of iron meteorites.

Detailed explanation-4: -A meteor is made up of bits of dust and rock that broke away from colliding asteroids, comets, or planets. Most of these chunks of rock and metal burn up in the Earth’s atmosphere and become meteoroids. If they reach Earth’s surface we call them meteorites.