What are the prospects moon explorations hold for humanity?

Chandrayaan-3’s lander and rover named Vikram and Pragyaan respectively are scheduled to land on the moon on August 23rd. 

On this momentous occasion it would be a fruitful exercise to explore the implications of this project to problems pertaining to resources faced by our world. 

The moon is largely inhabitable because of extreme temperatures but the discovery of water by Chandrayaan in 2008 opened up many lines of enquiry. The hydrogen and oxygen component present in the water can function as fuel for rockets. The presence of Helium 3 on the moon is also an area of interest as it is found in abundance and can provide nuclear energy in fusion reactors. Its non radioactive nature is an added advantage. 

Furthermore rare earth metals used in the manufacturing of smartphones and computers such as Scandium, Yttrium and the 15 Lanthanides are also found on the moon. 

Chandrayaan-3’s rover consists of an Alpha Particle X-Ray Spectrometer that would try to identify elements in the lunar soil and rocks and a Laser Induced Breakdown Spectroscope that would examine the composition of the lunar surface with regard to chemical and elemental parameters. Furthermore thermal conductivity, seismic activity and plasmic variation would also be studied.