{"id":5680,"date":"2015-10-13T08:00:11","date_gmt":"2015-10-13T12:00:11","guid":{"rendered":"http:\/\/admin.acceleratingscience.com\/?p=5680"},"modified":"2026-02-03T13:21:38","modified_gmt":"2026-02-03T13:21:38","slug":"can-you-own-an-asteroid","status":"publish","type":"post","link":"https:\/\/www.thermofisher.com\/blog\/mining\/can-you-own-an-asteroid\/","title":{"rendered":"Can You Own an Asteroid?"},"content":{"rendered":"

\"asteroidAs the Earth\u2019s mineral resources are rapidly diminishing, some scientists are considering an intriguing solution\u2014mining<\/a> asteroids, which are thought to contain huge supplies of gold, platinum, iron ore, and other minerals. A team of NASA researchers<\/a> are already working on it, as we reported in Space, the Final Frontier\u2026for Mining?<\/a><\/p>\n

Skeptics continue to point out the impracticalities and expense of transporting mining equipment and products to and from deep space, yet the idea persists. This May, the U.S. Congress passed the Space Resource Exploration and Utilization Act of 2015<\/a>, a commercial\u00a0space bill\u00a0that defines space and asteroid resources as well as property rights, stating, \u201cAny asteroid resources obtained in outer space are the property of the entity that obtained such resources, which shall be entitled to all property rights thereto, consistent with applicable provisions of Federal law and existing international obligations.\u201d<\/p>\n

Despite the recent Space Exploration bill, setting legal guidelines for asteroid mining will be a complicated matter. An article on Wired.com, Space Law: Is Asteroid Mining Legal?<\/a> points out that by some interpretations, the 1967 Outer Space Law bans property rights in space. Another article on Slate.com<\/a> compares the current situation to the disputes that arose in claiming the Arctic, stating:<\/p>\n

\u201cJust consider the Arctic. Impenetrable ice was once the foil for those who dreamed of a Northwest Passage, but global warming has made the oil- and natural-gas-rich Arctic seabed accessible for the first time, and there has been a rush to lay claims to territory. The United States and Canada have been making careful geological measurements in order to determine territorial boundaries. Russia has pursued a different path: In 2007, the country\u00a0used a submersible to plant its flag on the seabed\u00a0at the North Pole. It\u2019s an example of how contested things can get even when there is a system of rules in place\u2026\u201d<\/p>\n

Re-Using\u00a0Spacecraft?<\/strong><\/p>\n

Another obstacle to asteroid mining is the exorbitant cost of space flight. Currently, rockets can withstand only one trip to outer space and are destroyed upon reentry. Companies are working on developing reusable rockets that can return from a trip to outer space in-tact, to be flown again and again as airplanes are now. These rockets are designed to enable commercial space flight and to carry supplies to space stations, but the concept also applies to asteroid mining because such rockets, if successful, could be used to ferry minerals and mining equipment back to earth. But it may be a while before such a plan comes to fruition.<\/p>\n

Mining.com<\/a> reports that the commercial space industry just had its third major failure when an unmanned SpaceX rocket carrying cargo to the International Space Station exploded two minutes after take-off. The prior two incidences involved the explosion of an Orbital Antares rocket carrying a satellite owned by Planetary Resources, a U.S.-based\u00a0company established to mine asteroids, as well as a Russian Progress 59 which spun out of control after reaching orbit.<\/p>\n

With such complicated legal and technological issues to work out, it will be a long time before traditional mining companies face competition from companies mining asteroids. In the meantime, some miners are exploring ways to stretch their mineral sources through new reprocessing technologies to extract valuable metals from waste (read From Tailings to Treasure? A New Mother Lode<\/a>). Other more immediate issues facing the industry include environmental concerns (read Mining and the Environment: What Happens When a Mine Closes?<\/a>); \u00a0and the need for sophisticated communication and information technologies to run mine operations (Read LIMS Locates Diamonds in the Rough<\/a>).<\/p>\n","protected":false},"excerpt":{"rendered":"

As the Earth\u2019s mineral resources are rapidly diminishing, some scientists are considering an intriguing solution\u2014mining asteroids, which are thought to contain huge supplies of gold, platinum, iron ore, and other minerals. A team of NASA researchers are already working on it, as we reported in Space, the Final Frontier\u2026for Mining? Skeptics continue to point out<\/p>\n","protected":false},"author":70,"featured_media":9199,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_kad_blocks_custom_css":"","_kad_blocks_head_custom_js":"","_kad_blocks_body_custom_js":"","_kad_blocks_footer_custom_js":"","_monsterinsights_skip_tracking":false,"_genesis_hide_title":false,"_genesis_hide_breadcrumbs":false,"_genesis_hide_singular_image":false,"_genesis_hide_footer_widgets":false,"_genesis_custom_body_class":"","_genesis_custom_post_class":"","_genesis_layout":"","_jetpack_newsletter_access":"","_jetpack_dont_email_post_to_subs":false,"_jetpack_newsletter_tier_id":0,"_jetpack_memberships_contains_paywalled_content":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[4],"tags":[],"division":[],"class_list":{"0":"post-5680","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-exploration","8":"entry"},"_selected_authors":[1288],"_selected_reviewers":[],"acf":[],"yoast_head":"\nCan You Own an Asteroid?<\/title>\n<meta name=\"description\" content=\"Legal and technological issues ensure it will be a long time before traditional mining companies face competition from asteroid miners. 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Some have been around for quite awhile, but are still as relevant as ever. If you missed any of the latest articles, just click\u00a0here\u00a0to see the most recently published articles. You can even filter by\u2026","rel":"","context":"In "General\/Industry"","block_context":{"text":"General\/Industry","link":"https:\/\/admin.acceleratingscience.com\/mining\/general-industry-mining\/"},"img":{"alt_text":"Top 10, words, isolated on a dark blue background. Alphabet on stone blocks.Rating. Rating concept. 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According to the U.S. Geological Survey (USGS), about 85% of potash is used in fertilizers, underscoring its critical role in global farming systems.\u2026","rel":"","context":"In "Data Management\/Lab Automation"","block_context":{"text":"Data Management\/Lab Automation","link":"https:\/\/admin.acceleratingscience.com\/mining\/data-management-lab-automation\/"},"img":{"alt_text":"potash evaporation ponds at mining site","src":"https:\/\/i0.wp.com\/admin.acceleratingscience.com\/mining\/wp-content\/uploads\/sites\/3\/2014\/06\/iStock-1362567340.jpg?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/admin.acceleratingscience.com\/mining\/wp-content\/uploads\/sites\/3\/2014\/06\/iStock-1362567340.jpg?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/admin.acceleratingscience.com\/mining\/wp-content\/uploads\/sites\/3\/2014\/06\/iStock-1362567340.jpg?resize=525%2C300&ssl=1 1.5x, https:\/\/i0.wp.com\/admin.acceleratingscience.com\/mining\/wp-content\/uploads\/sites\/3\/2014\/06\/iStock-1362567340.jpg?resize=700%2C400&ssl=1 2x, https:\/\/i0.wp.com\/admin.acceleratingscience.com\/mining\/wp-content\/uploads\/sites\/3\/2014\/06\/iStock-1362567340.jpg?resize=1050%2C600&ssl=1 3x, https:\/\/i0.wp.com\/admin.acceleratingscience.com\/mining\/wp-content\/uploads\/sites\/3\/2014\/06\/iStock-1362567340.jpg?resize=1400%2C800&ssl=1 4x"},"classes":[]},{"id":13977,"url":"https:\/\/www.thermofisher.com\/blog\/mining\/what-is-in-situ-geochemical-analysis-and-why-it-is-critical-for-modern-field-operations\/","url_meta":{"origin":5680,"position":3},"title":"What Is In Situ Geochemical Analysis \u2014 And Why It Is Critical for Modern Field Operations","author":"Marlene Gasdia-Cochrane","date":"March 13, 2026","format":false,"excerpt":"In situ geochemical analysis has become a cornerstone of modern mineral exploration, mining, and environmental fieldwork. As project timelines tighten and operational costs increase, organizations can no longer afford delays caused by traditional laboratory testing workflows. In situ analysis \u2014 the ability to measure elemental composition directly at the sampling\u2026","rel":"","context":"In "Exploration"","block_context":{"text":"Exploration","link":"https:\/\/admin.acceleratingscience.com\/mining\/exploration\/"},"img":{"alt_text":"Close up of industrial worker holding mineral ore in gloved hands on mining site","src":"https:\/\/i0.wp.com\/admin.acceleratingscience.com\/mining\/wp-content\/uploads\/sites\/3\/2026\/03\/iStock-896157842.jpg?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/admin.acceleratingscience.com\/mining\/wp-content\/uploads\/sites\/3\/2026\/03\/iStock-896157842.jpg?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/admin.acceleratingscience.com\/mining\/wp-content\/uploads\/sites\/3\/2026\/03\/iStock-896157842.jpg?resize=525%2C300&ssl=1 1.5x, https:\/\/i0.wp.com\/admin.acceleratingscience.com\/mining\/wp-content\/uploads\/sites\/3\/2026\/03\/iStock-896157842.jpg?resize=700%2C400&ssl=1 2x, https:\/\/i0.wp.com\/admin.acceleratingscience.com\/mining\/wp-content\/uploads\/sites\/3\/2026\/03\/iStock-896157842.jpg?resize=1050%2C600&ssl=1 3x, https:\/\/i0.wp.com\/admin.acceleratingscience.com\/mining\/wp-content\/uploads\/sites\/3\/2026\/03\/iStock-896157842.jpg?resize=1400%2C800&ssl=1 4x"},"classes":[]},{"id":13488,"url":"https:\/\/www.thermofisher.com\/blog\/mining\/the-role-of-edxrf-spectrometers-in-the-extraction-of-copper-from-ore\/","url_meta":{"origin":5680,"position":4},"title":"The Role of EDXRF Spectrometers in the Extraction of Copper from Ore","author":"Marlene Gasdia-Cochrane","date":"November 4, 2025","format":false,"excerpt":"Copper extraction is a complex process requiring precise control to ensure high purity. Energy Dispersive X-ray Fluorescence (EDXRF) spectrometers play a vital role by providing fast, non-destructive elemental analysis of ores, concentrates, and intermediate products. This enables mining operations to optimize extraction efficiency, maintain quality assurance, and meet stringent industry\u2026","rel":"","context":"In "Elemental\/Geochemical Analysis"","block_context":{"text":"Elemental\/Geochemical Analysis","link":"https:\/\/admin.acceleratingscience.com\/mining\/elemental-geochemical-analysis\/"},"img":{"alt_text":"a rock showing signs of copper and gold.","src":"https:\/\/i0.wp.com\/admin.acceleratingscience.com\/mining\/wp-content\/uploads\/sites\/3\/2025\/10\/iStock-1309478061.jpg?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/admin.acceleratingscience.com\/mining\/wp-content\/uploads\/sites\/3\/2025\/10\/iStock-1309478061.jpg?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/admin.acceleratingscience.com\/mining\/wp-content\/uploads\/sites\/3\/2025\/10\/iStock-1309478061.jpg?resize=525%2C300&ssl=1 1.5x, https:\/\/i0.wp.com\/admin.acceleratingscience.com\/mining\/wp-content\/uploads\/sites\/3\/2025\/10\/iStock-1309478061.jpg?resize=700%2C400&ssl=1 2x, https:\/\/i0.wp.com\/admin.acceleratingscience.com\/mining\/wp-content\/uploads\/sites\/3\/2025\/10\/iStock-1309478061.jpg?resize=1050%2C600&ssl=1 3x, https:\/\/i0.wp.com\/admin.acceleratingscience.com\/mining\/wp-content\/uploads\/sites\/3\/2025\/10\/iStock-1309478061.jpg?resize=1400%2C800&ssl=1 4x"},"classes":[]},{"id":14155,"url":"https:\/\/www.thermofisher.com\/blog\/mining\/how-process-mass-spectrometry-based-on-line-gas-analysis-supports-compressed-biogas-quality-and-process-monitoring\/","url_meta":{"origin":5680,"position":5},"title":"How Process Mass Spectrometry-based On-line Gas Analysis Supports Compressed Biogas Quality and Process Monitoring","author":"Marlene Gasdia-Cochrane","date":"October 6, 2026","format":false,"excerpt":"Article Summary Compressed biogas (CBG) production requires continuous monitoring of gas composition from raw biogas through upgrading to final biomethane quality. Online gas analysis using process mass spectrometry provides real-time, multicomponent measurements that can help operators monitor methane, carbon dioxide, moisture, sulfur compounds and methane slip while improving visibility into\u2026","rel":"","context":"In "Oil and Gas"","block_context":{"text":"Oil and Gas","link":"https:\/\/admin.acceleratingscience.com\/mining\/oil-and-gas\/"},"img":{"alt_text":"Biogas production, biogas plant, bio power","src":"https:\/\/i0.wp.com\/admin.acceleratingscience.com\/mining\/wp-content\/uploads\/sites\/3\/2026\/10\/iStock-2167149558_biogas.jpg?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/admin.acceleratingscience.com\/mining\/wp-content\/uploads\/sites\/3\/2026\/10\/iStock-2167149558_biogas.jpg?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/admin.acceleratingscience.com\/mining\/wp-content\/uploads\/sites\/3\/2026\/10\/iStock-2167149558_biogas.jpg?resize=525%2C300&ssl=1 1.5x, https:\/\/i0.wp.com\/admin.acceleratingscience.com\/mining\/wp-content\/uploads\/sites\/3\/2026\/10\/iStock-2167149558_biogas.jpg?resize=700%2C400&ssl=1 2x, https:\/\/i0.wp.com\/admin.acceleratingscience.com\/mining\/wp-content\/uploads\/sites\/3\/2026\/10\/iStock-2167149558_biogas.jpg?resize=1050%2C600&ssl=1 3x, https:\/\/i0.wp.com\/admin.acceleratingscience.com\/mining\/wp-content\/uploads\/sites\/3\/2026\/10\/iStock-2167149558_biogas.jpg?resize=1400%2C800&ssl=1 4x"},"classes":[]}],"jetpack_sharing_enabled":true,"jetpack_featured_media_url":"https:\/\/admin.acceleratingscience.com\/mining\/wp-content\/uploads\/sites\/3\/2016\/04\/asteroidowner.jpg","_links":{"self":[{"href":"https:\/\/www.thermofisher.com\/blog\/mining\/wp-json\/wp\/v2\/posts\/5680","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.thermofisher.com\/blog\/mining\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.thermofisher.com\/blog\/mining\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.thermofisher.com\/blog\/mining\/wp-json\/wp\/v2\/users\/70"}],"replies":[{"embeddable":true,"href":"https:\/\/www.thermofisher.com\/blog\/mining\/wp-json\/wp\/v2\/comments?post=5680"}],"version-history":[{"count":0,"href":"https:\/\/www.thermofisher.com\/blog\/mining\/wp-json\/wp\/v2\/posts\/5680\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.thermofisher.com\/blog\/mining\/wp-json\/wp\/v2\/media\/9199"}],"wp:attachment":[{"href":"https:\/\/www.thermofisher.com\/blog\/mining\/wp-json\/wp\/v2\/media?parent=5680"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.thermofisher.com\/blog\/mining\/wp-json\/wp\/v2\/categories?post=5680"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.thermofisher.com\/blog\/mining\/wp-json\/wp\/v2\/tags?post=5680"},{"taxonomy":"division","embeddable":true,"href":"https:\/\/www.thermofisher.com\/blog\/mining\/wp-json\/wp\/v2\/division?post=5680"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}