The Meteor Miners by L.A. Eshbach:
Science Fiction Inventions, Technology and Ideas
"It is some years since our readers have been favored with a story by this author. Mr. Eshbach is definitely a highly approved author, especially in the realm of science-fiction. While the title of this story suggests interplanetary travel, it is not the old version of wars fought in outer space, and is suggestive to the extent of describing the utilization of meteors for the obtaining of iron.
The iron deposits on the earth cannot last forever."
('The Meteor Miners' by L.A. Eshbach)
"The Captain! Had he gone insane? For suddenly his steel rod had leaped out at an enormous passing meteor — a monster that must have weighed hundreds of tons."
Electromagnet-tipped rods used by meteor miners to capture iron-rich asteroids in space.
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