Overview
Legal frameworks for space resource utilization are essential for guiding how nations and private entities can explore and use resources in outer space. The Outer Space Treaty and the Lunar Agreement are two key treaties that establish principles for the peaceful use of space and the sharing of its ...
Key Terms
Example: The Outer Space Treaty was signed in 1967 by over 100 countries.
Example: The Lunar Agreement encourages international cooperation in lunar resource utilization.
Example: Mars and the Moon are examples of celestial bodies.
Example: Mining asteroids for rare metals is a form of resource utilization.
Example: The International Space Station is a result of international cooperation.
Example: Companies are researching space mining to obtain precious metals.