Giant Planetary Ring Bases, are they feasible?

Giant Planetary Ring Bases (or GPRB's) are space stations built on planetary rings or are artificial rings themselves, such as Starship Troopers' Luna Base

But are these super stations feasible? Assuming the ring is 30 by 30 meters all the way around the planet, would it be realistic to build such a structure? If not, how close can we get to it? What would need to happen for it to be feasible?

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Giant Planetary Ring Bases, are they feasible?

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