Author: Martina Elia Vitoloni | DCL Candidate Air and Space Law, McGill University

Celestial bodies like the moon contain valuable resources, such as lunar regolith — also known as moon dust — and helium-3. These resources could serve a range of applications, including making rocket propellant and generating energy to sustaining long missions, bringing benefits in space and on Earth.

The first objective on this journey is being able to collect lunar regolith. One company taking up this challenge is ispace, a Japanese space exploration company ispace that signed a contract with NASA in 2020 for the collection and transfer of ownership of lunar regolith.

The company recently attempted to land its RESILIENCE lunar lander, but the mission was ultimately unsuccessful. Still, this endeavour marked a significant move toward the commercialization of space resources.

These circumstances give rise to a fundamental question: what are the legal rules governing the exploitation of space resources? The answer is both simple and complex, as there is a mix of international agreements and evolving regulations to consider.

The article has a breakdown of the laws and further context

  • hsdkfr734r@feddit.nl
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    1 day ago

    It’s better than carving up the ocean floors or the usual opencast mining here on earth. And it could be an incentive to invest into space technology.

    But there will be disadvantages too, which are invisible to us right now. I’m sure of it.

    • Carmakazi@lemmy.world
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      1 day ago

      The cost of anything beyond our current small-scale exploratory probing of space has to be astronomical with our current footing. Imagine how much fuel/energy you would need to get industrial mining equipment to the Moon or asteroid belt, extract meaningful amounts of material, pack it up, send it back to Earth orbit, and de-orbit it intact.

      • GreyEyedGhost@lemmy.ca
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        21 hours ago

        Most of these costs are in terms of energy, one of the most plentiful things in space. Also, if we do things right (a huge if, I know), the bigger idea is to bootstrap it by sending enough tools to make the tools you need to extract and refine resources. This doesn’t require a von Neumann machine since we can control them, either directly or remotely. Also, if we are going to extract resources in space, a lot of infrastructure will need to be built first, which is cheaper if we use resources that are already in space. And as the saying goes, the surface of the moon is halfway to anywhere in the solar system.

      • madlian@lemmy.cafe
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        21 hours ago

        I think what they will do is just toss it back to earth and let most of it burn up on reentry but at least we can get some extra lead on the planet even if it crashes through someone’s roof occasionally.

      • shalafi@lemmy.world
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        3 hours ago

        The moon masses 8.1 x 10^19 tons. Every single thing mankind has ever produced in our entire history wouldn’t dent that.

      • hsdkfr734r@feddit.nl
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        13 hours ago

        Um. Let’s say, it’s a good thing for us and earth’s space mechanics and weather that the moon is like it is right now.

        Some say the earth would spin faster if the moon wasn’t there at all.

        Not sure how big the effect of space mining could be on moon’s mass. To be fair I’m more concerned that someone will use the moon as a giant billboard some day. :)