Albanese tips major mining disruption

FORMER Rio Tinto CEO Tom Albanese says he’s looking into seafloor mining, something he didn’t think was possible 10 years ago.

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Albanese was speaking at Investing in African Mining Indaba, reflecting on the past decade while looking to the future.

Mining Indaba managing director Alex Grose had earlier opened the day by congratulating Elon Musk’s Space X for successfully launching a rocket into space.

He suggested that brought asteroid mining closer to becoming a reality and quoted astrophysicist Neil DeGrasse Tyson who recently said the world’s first trillionaire would be the person who mines asteroids.

“I don’t think I’m going to see asteroid mining in my lifetime,” Albanese said.

“But then, 10 years ago, I never thought I was going to see seafloor mining in my lifetime.”

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