You use a Wood Cart to move large objects.

You can use a pick axe like minecraft to break stones, but you then have to convert them in a workbench to a usable stone that you can put into receipes.

It's a really pain in the ass, everything has a side effect too. If you smelt ores, you create air pollution which is very difficult to get rid of. You need to plant more trees and only run it for short periods. It's easy for one player to screw everyone on the server if they are not careful.

The end goal is to destroy the meteor before it destroys the planet, but in reality, you are more likely to destroy the planet before the meteor does.