According to NASA an ultraviolet survey of the Moon's surface by the Hubble Space Telescope has revealed large quantities of titanium and iron oxides. A NASA press conference on the complete results of the survey will be held Oct. 19. The titanium can be mined, processed and used to build things--like spaceships or dwellings---and the oxides can be broken down, and the oxygen extracted for a lunar colony.
Check it out on NASA TV. For all you technology gurus, here's more detail.
NASA eyes establishing orbiting lunar outpost
12 years ago
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