Thursday 25 September 2014

Is asteroid mining legal? Congress wants to make it so

Is asteroid mining legal? Congress wants to make it so


A few different companies have recently announced grand plans to mine asteroids for precious metals and other materials.But in addition to all the technological hurdles that would need to be cleared to make this possible, there's an obstacle of a much different sort: the law. The Outer Space Treaty of 1967 — a UN treaty signed by 102 countries, including the US — bans countries from appropriating any astronomical bodies.

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