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The tiny European of Luxembourg is not well known as a player in the space . However, its government has just made big in the future industry of asteroid mining. Private companies will mine asteroids near the Earth for water and . Some of the things they mine will one day help fuel to Mars and beyond. Luxembourg's government is looking at research and development to make sure it is one of the leading countries in this industry. Minister for the economy Etienne Schneider said: "Our aim is to open access to a wealth of unexplored mineral resources on lifeless rocks speeding through space, without damaging habitats."

Luxembourg is not the only country to look up to the for new places to mine. In 2015, US president Barack Obama signed a that will let American companies mine space resources. In January, the European Space Agency shared a for a research village on the Moon. This would be used as a for mining companies. The US company Deep Space Industries said space resources will allow exploration of the system without the need to mine resources on Earth. However, there could be ahead for mining companies. The Outer Space Treaty of 1967 says that natural resources in space are of mankind's ' heritage'. This means private companies may not be to mine asteroids.

 
 

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