03-02-2016 16:01 via news.yahoo.com

Small country, big Universe - Luxembourg aims for space business

By Meredith McGrath BRUSSELS (Reuters) - Luxembourg, the tiny European Union state nestled between France, Germany and Belgium, has a big new goal - it wants to be a center for space mining. Primarily known for its fund management and private banking industry, the duchy is promoting a law that would make it the first in Europe to give legal clarity to the commercial exploitation of asteroids. "In the long-term, space resources could lead to a thriving new space economy and human expansion into t
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