The SPACE MINING EMPIRE? The case for LUXEMBOURG – VisualPolitik EN

The space race is back. Companies like SpaceX or Virgin Galactic have given a new push to the space exploration. But there is more than this: outside of Earth there are lots of natural resources to be exploited. Some asteroids are nothing but flying piles of minerals, water or even natural gas. Both Japan and America have already sent proves to the space in order to retrieve some samples of materials. But… what legislation would cover the space mining industry? What would happen if two companies have a corporate conflict on an asteroid? So far, the country with the most advance legislation on this matter is… Luxembourg! This small country has already a cluster of space mining companies. They are completely determined to lead this brand new industry… but how does this legislation work? Can Luxembourg become a space mining empire? We will answer all of this questions on this video.

Other videos at VisualPolitik:

Why is Luxembourg so rich? https://www.youtube.com/watch?v=lYLyM4yKofk&t=2s
Why did Pope Francis visit Abu Dhabi? https://www.youtube.com/watch?v=GYkMgWWvMpU&t=59s

Interesting links:

OSIRIS-REx Mission, http://www.nasa.gov/topics/solarsystem/features/osiris-rex.html
https://www.youtube.com/watch?v=Py_IndUbcxc
https://www.youtube.com/watch?v=7vRM7Ucc8Q8 helium 3 mining
www.asteroidmission .org/asteroid-operations/
https://youtu.be/cctx9X__wQg Planetary Resources’ exploration program
https://www.popularmechanics.com/space/a20195040/should-we-be-really-be-mining-in-space/
http://www.wired.co.uk/article/international-laws-are-not-ready-for-space-mining
https://www.businesswire.com/news/home/20170302005800/en/Luxembourg-ispace-

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https://www.reconsidermedia.com/


About This Source - VisualPolitik EN

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In This Story: Japan

Japan is an island country in East Asia located in the northwest Pacific Ocean. Part of the Pacific Ring of Fire, Japan comprises an archipelago of 6,852 islands covering 377,975 square kilometers (145,937 sq mi); the country’s five main islands, from north to south, are Hokkaido, Honshu, Shikoku, Kyushu, and Okinawa. Tokyo is Japan’s capital and largest city.

Japan is divided into 47 administrative prefectures and eight traditional regions. The Greater Tokyo Area is the most populous metropolitan area in the world, with more than 37.4 million residents.

Japan is a great power and a member of numerous international organizations, including the United Nations (since 1956), the OECD, and the G7. Japan is a leader in the automotive and electronics industries.

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The National Aeronautics and Space Administration is an independent agency of the U.S. Federal Government responsible for the civilian space program, as well as aeronautics and space research. NASA was established in 1958, succeeding the National Advisory Committee for Aeronautics.

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