According to link above the treaty prohibits all sovereign claims.
However, getting there can be made into a reasonable barrier to competition. Sure you can also exploit the moon, but how are you going to get there?
However, getting there can be made into a reasonable barrier to competition. Sure you can also exploit the moon, but how are you going to get there?
However the real outstanding issue with the OST is how to handle mining claims. Claim jumping is a real issue, since you could spend a ton of money prospecting a resource, only to have your competition to rush over and build a hut on top of it and legally claim it as their own.
There needs to be some sort of mechanism, perhaps even not governmental if renegotiating the OST is too dangerous or unlikely to happen soon, by which a company can claim a mining claim over a resource they have prospected and have that claim be legally protected from claim jumpers for a period of time.