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"I think that self-limitation is the major limiting factor for most people in the world."
- Frank Herbert

Asteroid-Metal  
  Metal mined from asteroids.  

Sooner or later, humanity will need to go into space for more raw materials. The asteroid 16 Psyche is believed to contain enough iron-nickel ore to supply our annual needs for iron for about the next million years (it contains 1.7 times ten to the nineteenth kilograms).

"We can get our water from the pole, our food from the yeast vats, our building materials from the oxidized minerals in the sand... We can even fuel the space ships and mine the Asteroid Belt for rare metals..."

Lars raised himself on one elbow. "As things are now we depend on Earth to buy our asteroid-metal and supply things we can't do without.

From The Mechanical Monarch, by E.C. Tubb.
Published by Ace Books in 1958
Additional resources -

Compare to asteroid mining from Edison's Conquest of Mars (1898) by Garrett P. Serviss, asteroid mining (blasting) from Asteroid of Gold (1932) by Clifford Simak, the meteor miner from Salvage in Space (1933) by Jack Williamson, asteroid claim law from Jurisdiction (1941) by Nat Schachner, space placers from The Day We Celebrate (1941) by Nelson S. Bond, the asteroid mining robot from Catch That Rabbit (1944) by Isaac Asimov the coal mole from The Web Between the Worlds (1979) by Charles Sheffield, and the asteroid mine from Love Among the Robots (1946) by Emmett McDowell.

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Additional resources:
  More Ideas and Technology from The Mechanical Monarch
  More Ideas and Technology by E.C. Tubb
  Tech news articles related to The Mechanical Monarch
  Tech news articles related to works by E.C. Tubb

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