Commercial space mining is likely to become one of the largest drivers of space exploration in the coming years due to the potential abundance of valuable resources on celestial objects like asteroids.
In this field, Luxembourg has made great strides and is involved with numerous projects. As part of the Luxembourg Space Resources Initiative, Luxembourg hosted Space Resources Week from October 7-11, 2019. The event was supported by the Luxembourg Space Agency (LSA), the European Space Agency (ESA), International Space University, and the Colorado School of Mines. Various locations around Luxembourg City including Luxexpo and the Chamber of Commerce served as venues, and the event was divided into three parts: a training course to familiarise participants with space resource extraction as well as important issues like feasibility and legality; a workshop about the development of the space resources utilisation (SRU) sector, the aim of which is to foster dialogue between the traditional mining industry and the space community; and a two-day workshop to define the common goals of the sector and discuss concrete steps that should be taken to further develop it.