$700 million purchase of 49.9% interest in Big River Steel by United States Steel Corporation

Client(s) KM BRS, LLC

Jones Day advised KM BRS, LLC (a subsidiary of Koch Minerals, LLC), a preferred equity holder of Big River Steel, in the $700 million purchase of a 49.9% interest in Big River Steel by United States Steel Corporation, with a call option to acquire the remaining 50.1% within the next four years.