Asteroid Mining: Terrestrial Regulations for Extraterrestrial Activities

Probably it sounds too ambitious at this point, yet space mining could become the next Gold Rush. Even one M-type asteroid can make the founder of an asteroid mining company richer than all the world’s billionaires combined.

As was mentioned in the previous article, there is an urgent necessity to devise clear national and international rules regarding the exploitation of extraterrestrial resources by private companies. This article covers the actual efforts made in this direction in the U.S. and Luxembourg, the two countries currently in the lead of the nascent space mining industry.