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Common heritage of mankind

  • Space Mining and (U.S.) Space Law

    December 18, 2015

    On November 25, 2015, President Obama signed into law the US Commercial Space Launch Competitiveness Act (H.R. 2262). As far as space mining is concerned, this legislation will give US space firms the rights to own and sell natural resources they mine from bodies in space, including asteroids. But does the new law risk privatizing a realm that is meant to belong to all of humanity? Is there a violation of international law? Is an international space exploitation regime preferable?

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