Unlike US space agency NASA, Luxembourg Space Agency (LSA) will not carry out research or launches. Its purpose is to boost exploration, mining and commercial utilization of resources extracted from near earth objects.
State-run JSW and Australia's Prairie, which is developing mines in Poland, have been in cooperation talks for much of this year but JSW wants control.
Glencore expects its recently acquired Brazilian fuel distribution company Ale Combustíveis SA to pursue growth opportunities without making acquisitions.