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ARELJ - Article - The Great Space Rush: Regulating Space Mining

Dr Andrew Cannon AM FAAL
Retired Senior Mining Warden, Adjunct Professor at Adelaide University law school, and Visiting Professor at Münster and Trier Universities, Germany

This article discusses why the existing international framework is not ready for an anticipated rush to exploit space resources. Nation State models cannot adequately deal with issues of giving tradeable rights to exploration areas and title to space resources, and providing sufficient incentives and sanctions to prevent dangerous risk-taking behaviour. They are also unlikely to deliver a benefit to all of mankind. It argues that Australia, with its history of involvement in space and expertise in the mining industry, should encourage a process of negotiation of international agreement to regulate space mining

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