The hearing for a lawsuit that Nippon Steel and U.S. Steel brought against U.S. President Joe Biden's administration is scheduled for February and March, Kyodo news agency reported on Monday, without citing sources.
The two steelmakers on Jan. 6 filed the lawsuit against Biden's order blocking Nippon Steel's planned $14.9 billion buyout of U.S. Steel on national security concerns.
Selected projects will strengthen domestic rare earth supply chains, reduce reliance on foreign sources, and improve U.S. energy security.
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