President signs pro-asteroid mining bill into law
And just like that, American asteroid mining efforts are legal. President Obama has signed the US Commercial Space Launch Competitiveness Act (CSLCA) into law following Congress’ approval, letting companies keep whatever resources they collect beyond Earth. As you might imagine, hopeful mining outfits like Planetary Resources are relieved. While the odds weren’t that high that the government would confiscate their minerals as soon as they landed, the Act removes any ambiguity.
Source: Library of Congress, Planetary Resources
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