Luxembourg's new law on the exploration and use of space resources

                                     This law will come into force on August 1, 2017.
                                                              It explicitly states
                            "Les ressources de l’espace sont susceptibles d’appropriation
                                             en conformité avec le droit international"
         and it "establishes the procedures for authorizing and supervising space exploration missions".

                                                     Link to: "SpaceResources.lu"

                             The English translation of the draft law is now available online.

            Link to: DRAFT LAW ON THE EXPLORATION AND USE OF SPACE RESOURCES


                       As Planetary Resources have formulated it in their latest press release
                        "Luxembourg is the first European country to have a legal framework
                                         recognising the right to space-based resources
                         that they have extracted in compliance with existing international law,
                                             most notably the 1967 Outer Space Treaty."
                                      Link to: "Space Mining Law Passes In Luxembourg"