Phrases with «asteroid mining»

Asteroid mining refers to the process of extracting valuable resources from asteroids, which are rocky objects that orbit the Sun. It involves exploring and extracting materials like metals, minerals, and water that can be used for various purposes on Earth or in space exploration. Full definition

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Sentences with «asteroid mining»

  • Setting aside the technical hurdles, the economic issues surrounding asteroid mining remain fraught with difficulty. (qz.com)
  • Luxembourg aims to be a hub for asteroid mining companies. (cnbc.com)
  • Perhaps most attractive to UHNWIs, there is also no formal law clearly defining taxation of profits from asteroid mining, though some legal experts contend there is current US law that could be adapted to cover it, albeit only for American citizens. (qz.com)
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