Fluor’s organizational design for this FS provides Umicore with proven capital project development experience, a single point of responsibility, and cost-effective technical expertise. Fluor’s core competencies include all the necessary technical and project planning resources for the development of this project, as well as execution delivery of a fully integrated capital solution should Fluor be favored with award of future project phases. Fluor’s resources are very experienced in all project areas, resulting in smart design choices, integration with major original equipment manufacturer (OEMs), facility safety and quality, reliable operations, and overall capital efficiency. Fluor’s project team includes metals recycling industry experts and significant experience with the recovery of precious metals from spent automotive catalysts. Our spent catalyst experience includes facility feasibility planning, project execution, and operations. This full project cycle experience, specific to this process, can be gleaned for best practices to provide great value to Umicore.