The asteroid, known as 4660 Nereus, is due to pass planet Earth on December 11. The 330-metre-long asteroid, which is larger than the Shard in London, is travelling at speeds of up to four miles per second.
However, 4660 Nereus is thought not to pose a threat and is instead expected to whisk past at some 2.4million miles away from Earth.
This is around ten times the distance between Earth and the moon.
Despite this, the US space agency has described the rock as “potentially hazardous” due to a number of predicted close passes in the coming years.
According to the National Aeronautics and Space Administration’s (NASA) website, a “potentially hazardous” asteroid is at least 150metres in size and within 4.6million miles of Earth’s orbit.
While the rock will travel quite a distance away from Earth, Spacereference.org reports 4660 Nereus will make around a dozen close passes in the next few decades.
The closest is expected to come on Valentine’s Day in 2060 when it is said to be as close as 745,000 miles away.
However, the asteroid was first detected by scientists back in 1982.
Space Reference claims the asteroid orbits the Sun every 664 days.
It also suggests the rock is larger than around 90 percent of other asteroids.
Despite this, Space Reference adds 4660 Nereus is “tiny compared to large asteroids”.
Reports about 4660 Nereus come shortly after NASA launched the Double Asteroid Redirection Test (DART) on November 24.
The test, conducted on a SpaceX Falcon 9 from Vandenburg Air Force Base in California, will eventually see the DART spacecraft separate from the launch vehicle before intercepting Didymos’ moonlet in September 2022.
NASA’s website suggests by September 2022 the Didymos system will be within 7million miles of Earth.
However, 4660 Nereus is not the first asteroid that has moved closer to Earth this year.
The 1994 WR12 asteroid, which is said to be around twice the size of Big Ben, passed Earth at 3.8million miles on November 29.
NASA says there is currently no “significant chance” any asteroid will hit earth in the next century.