The crucial part of the short piece of legislation states that the resources mined from an asteroid would be the property of the entity undertaking the operation. This language gets around the provision of the Outer Space Treaty that states that states are forbidden to establish national sovereignty over celestial bodies, which would be a perquisite to the United States allowing a private entity to own an asteroid. It rather grants mineral rights to the asteroid, something that the treaty does not mention. This is no enforcement mechanism in the event of a dispute with another country, however."
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