Project Cobalt requests incentive for asteroid mining

DENVER — While mining has always been big in Colorado, Project Cobalt could take the lucrative process to a whole new altitude. The undisclosed company behind an asteroid mining project has requested more than $1 million in the form of a Job Growth Incentive Tax Credit to employ 150 people in the Denver area.

The $1.28 million requested would be distributed over the course of eight years, assuming all 150 jobs are created, and if the company is able to raise $16 million (15 million euros) prior to the end of 2022. The jobs created are expected to mostly be data…