Obama signs space mining exploration bill into US law
Published: Thursday, 26 November 2015
US President Barack Obama has signed into law a new act, called the US Commercial Space Launch Competitiveness Act, 2015, which aims to facilitate asteroid mining in space. Space houses a myriad of industrial minerals such as olivine and rare earths.
US President Barack Obama has signed into
law a new act that recognises the right of US citizens to own
asteroid resources they obtain in space.
The new law is considered a major boost, by space mining
specialists, to asteroid mining as it encourages the commercial
exploration and utilisation of resources from