Nasa sets out to buy moon resources mined by private companies

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WASHINGTON (REUTERS) - Nasa on Thursday (Sept 10) launched an effort to pay companies to mine resources on the moon, announcing it would buy from them rocks, dirt and other lunar materials as the US space agency seeks to spur private extraction of coveted off-world resources for its use.. Read more at straitstimes.com.

WASHINGTON - Nasa on Thursday launched an effort to pay companies to mine resources on the moon, announcing it would buy from them rocks, dirt and other lunar materials as the US space agency seeks to spur private extraction of coveted off-world resources for its use.

Nasa said it views the mined resources as the property of the company, and the materials would become"the sole property of Nasa" after purchase. Nasa in May set the stage for a global debate over the basic principles governing how people will live and work on the moon, releasing the main tenets of what it hopes will become an international pact for moon exploration called the Artemis Accords.

Under contracts whose terms would vary, a company mining on the moon would collect lunar rocks or dirt to sell to Nasa without having to bring the resources back to Earth.

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