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Space Resources Rights International Framework Draft Released: Lunar Mining Rights Competition Enters Rule-Making Phase

UN COPUOS releases space resources rights framework draft, proposing permit systems and benefit-sharing mechanisms for lunar and asteroid mining, as China, the US, and EU negotiate mining rights rules.

The UN Committee on the Peaceful Uses of Outer Space (COPUOS) released the International Framework for Space Resource Extraction and Utilization draft on July 1, 2028, establishing the first international legal framework for lunar and asteroid mining. The draft proposes that any country or enterprise must obtain a permit from COPUOS before conducting space resource extraction, and that 15% of extraction revenues must be contributed to an International Space Development Fund to support developing countries' space capabilities. China, the US, and the EU have notably divergent positions during deliberations—the US advocates "first come, first served" principles, China emphasizes the "common heritage of mankind" attribute, and the EU attempts to find middle ground. The draft will be submitted to the UN General Assembly for a vote in 2029.