Abstract
Extraterrestrial mining of resources has the potential to create an entirely new private industry in space. However, there is no clear global legal framework for such.
This paper will primarily address U.S. based law in conjunction with international law on the subject. Th e article describes the general state of law in this industry and contradictions between domestic and international law on the topic.
The article will further introduce future endeavors that are currently being developed and put into practice.