Asteroid mining is a term commonly used to describe the process of extracting minerals and resources from asteroids. However, there are several other phrases that could be used as synonyms for this process. Some of these include asteroid resource extraction, celestial mining, space mining, extraterrestrial mining, cosmic extraction, and interplanetary resource harvesting. These phrases are often used interchangeably to describe the same process of mining resources from materials beyond Earth. The common goal of asteroid mining is to discover and extract resources such as water, precious metals, and minerals that can be utilized for space exploration and development.