Isomer completed a third-party engineering review of a proposed commercial facility producing lithium carbonate and rare earth oxides from recycled LFP battery black mass and rare earth permanent magnets, assessing the technologies, process scale-up viability and risks, project execution strategy, and market demand and supply. The technology review compared the patented chromatography and filtration process against traditional hydrometallurgical and solvent extraction approaches on production capability, capital and operating costs, construction timeline, product quality, and environmental impact. The repurposed existing manufacturing building was evaluated for refurbishment, layout, and utility requirements. Isomer provided a pro forma technical review of the financial model, benchmarked against best practices for capital projects, and delivered a comprehensive technology review report highlighting red flags.