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Asteroids are leftovers of failed attempts to form planets and can contain water or platinum (Photo: ESA - P.Carril)

Feature

Luxembourg keen to be asteroid miners' haven

Asteroids are leftovers of failed attempts to form planets and can contain water or platinum (Photo: ESA - P.Carril)

Luxembourg is known for being a country with one of Europe's most business-friendly tax regimes, which has attracted a multitude of multinationals selling Earthly products from soft drinks to self-assembly furniture.

But recently, the Grand Duchy has embarked on a voyage to become a hub for companies in a more celestial business: mining asteroids.

Its mission: to become the first European country that gives private firms legal certainty they will own resources they extract in spac...

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