Develop an approach for characterizing the composition of asteroid for mining potential and a process for mining different compositions. Explore a possible division of labor involving different types of vehicles (e.g. sensor units, drilling units, power gathering and distribution, extracted resources handling and transferring). Consider solutions for moving said asteroids between different orbits and/or consequently make periodical adjustments to keep them in place. Analyze how your idea would cope in some of the given scenarios or outline a scheme of your own.
Asteroids could one day be a vast new source of scarce material if the financial and technological obstacles can be overcome. Asteroids are lumps of metals, rock and dust, sometimes laced with ices and tar, which are the cosmic "leftovers" from the solar system's formation about 4.5 billion years ago. There are hundreds of thousands of them, ranging in size from a few yards to hundreds of miles across. Small asteroids are much more numerous than large ones, but even a little, house-sized asteroid should contain useful materials.
A good way to determine an asteroid's composition from a distance is to analyze its light. All materials reflect, emit, and absorb light at specific colors or frequencies depending on the properties of the material. The make-up of a material can be identified using special instruments called spectrometers which measure the intensity of light at different frequencies.