Asteroid 16 Psyche: A Proposed $1 Billion Extraterrestrial Mineral Reserve for Every Person on Earth — International Trust Governance, Antarctic Association, and Global Poverty Elimination
This research and policy paper, authored by Daniel Robert Izzo, proposes establishing an international extraterrestrial mineral reserve based on the metal-rich asteroid (16) Psyche, with the long-term objective of allocating up to $1 billion in potential future mineral value to every person on Earth and helping eliminate global poverty. The proposal examines the asteroid's estimated mineral resources, NASA's Psyche mission, robotic mining technologies, and the potential establishment of a lunar mineral depository for the storage, verification, and management of extraterrestrial resources. The paper also documents the author's historical proposals concerning the self-ownership and incorporation of Asteroid 16 Psyche, its proposed association with Marie Byrd Land and Ellsworth Land in Antarctica, and a trust framework intended to benefit humanity through potential cooperation with the United States and United Nations. These arrangements are presented as proposals and author-reported historical actions, not as internationally recognized territorial or property rights. Additional subjects include international space law, economic feasibility, the proposed financing of future space infrastructure, equitable distribution of resource proceeds, and scientific milestones necessary to evaluate the concept. The $1 billion per-person allocation is a speculative long-term policy objective, not an existing financial asset, guaranteed payment, or currently redeemable entitlement. Implementation would require substantial technological advances, independently verified resource valuations, and lawful international governance. Author: Daniel Robert Izzo, Syracuse, New York, United States. AI assistance: ChatGPT (OpenAI) and Grok (xAI). Version: 9.0 — October 2026.
Authors
- Daniel Izzo
Publication Details
- Journal
- Zenodo (CERN European Organization for Nuclear Research)
- Published
- 2026-10-24
- DOI
- https://doi.org/10.5281/zenodo.23628821
- Primary Topic
- Space exploration and regulation
- Type
- article
- Field-Weighted Citation Impact
- 0.00