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NASA finds rare metal asteroid worth more than global economy – MINING.com

The heavy-metal object, called “16 Psyche”, is worth $10,000 quadrillion. That’s 70,000 times the world’s economy.

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16 Psyche was actually discovered in 1852, but this is the first time scientist get a closer look. What makes it special is that, unlike most asteroids that are either rocky or icy, 16 Psyche is made almost entirely of iron and nickel, a study published this week in The Planetary Science Journal shows.
Tracy Becker, a planetary scientist and author of the paper, says the asteroid is likely the leftover core of a planet that never properly formed because it was hit by objects in our solar system…

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