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Asteroid mining presents enormous possibilities, although it is a long-term endeavour requiring massive investments. India should start laying its fou
The United States and Luxembourg have adopted domestic space laws granting certain legal rights to space mining companies. These moves have initiated a debate on the future of this industry, as well as the passing of relevant laws governing outer space and its resources. This paper makes an assessment of commercial space mining activities in the broader context of the emerging space economy. It finds that entrepreneurs are increasingly looking at
Half a century after the first United Nations Conference on the Exploration and Peaceful Uses of Outer Space, the current debates are focused on new sets of challenges such as space mining, which used to belong only to the realm of science fiction. This paper analyses the rationale for extraterrestrial mining, as well as the efforts and responses of various countries—i.e, USA, Luxembourg, Russia, China and India. In examining the legal and go
