Part II
Act 1
16. Lead in with the confrontation at the Trees. Repetition of Yavanna's line, awkward pause, and then Manwë asks Fëanor for his answer. Tulkas asks how anyone could deny Yavanna? and Aulë asks to give him time, this is a momentous decision. Fëanor is surrounded by Valar who want his silmarils.
17. The Darkness comes to Formenos. Finwë ushers everyone out the back door, with final directions. Farewell to Nerdanel and Celebrimbor. He locks all the doors behind him, and goes to stand at the Gate. Melkor comes through the Gate and taunts him, and....<cut away>
18. Ulmo travels to the south to check in with Uinen. It is revealed that he knew about Ungoliant's lair in the south. Uinen asks him what he will do if Melkor escapes. Ulmo delivers his big picture view of committing to hunt Melkor down wherever he goes.
19. Feanor explains what the personal cost of breaking the silmarils would be. He waxes a bit hysterical, claiming he would be the first elf to be slain in Valinor. Mandos informs him, "Not the first."
Act 2
20. Oromë and Eonwë find the dead eagle, and realize that this foe is quite powerful. They meet the 'refugees' fleeing Formenos, and learn that Finwë stayed behind. They have to decide whether to continue pursuing Melkor and Ungoliant, or return to the other Valar at Ezellohar. Eonwë informs Oromë that one Vala alone can't take on this opponent.
21. Thieves’ Quarrel, Part I: Melkor insists that Ungoliant continue to flee with him; she begins to act suspicious. He informs her that she has not seen the Valar in their wrath, and that she would be wise not to stick around. He repeats his promise to her, but says he will not pause until he can see the safety of the walls of Angband. Ossë spots the shadowy darkness approaching the Helcaraxë.
22. Meanwhile, in Angband...Sauron is keeping secrets from the balrogs, and they are not happy about this. They turn to Thuringwethil.
23. Fëanor emphatically denies the Silmarils to the Valar. Nerdanel arrives with news of the attack on Formenos.
Act 3
24. Ossë goes to inform Ulmo. Together, the two return to the north.
25. The Noldor decide to return to Formenos.
26. Ulmo and Ossë assault the Helcaraxë, flinging everything they have against Melkor and Ungoliant...to no avail.
27. The balrogs confront Thuringwethil, who quickly spills what she knows. Since this includes Melkor's earlier actions in Valinor (when he was being obedient to the Valar), the balrogs are enraged and tear into her for the suggestion that he would abase himself that way. They turn on Mairon when he tells Thuringwethil, 'that's what you get for telling them'...but at that moment they hear a loud cry of pain...and Sauron says 'our Master is calling.' The balrogs leave.
Act 4
28. Thieves’ Quarrel, Part II: Ungoliant forces Melkor to halt now that the Helcaraxë is behind them. She is in control and alert, and 'playfully' ropes Melkor in, demanding the goods. We see that he is keeping his hand clenched, but not what is in them. His refusals result in her pouncing on him. He strikes the ground with his spear and calls out in pain. The balrogs emerge from a chasm of magma in the earth, and save Melkor by driving her off.
29. Ulmo and Manwë have a conversation in the Ring of Doom about Ulmo's role moving forward - Manwë encourages Ulmo in his maverick role. Manwë is not going to tell the other Valar how to sing their part, but reminds Ulmo that they will need to work together in harmony to defeat him.
30. Finwë's 5 children return to Formenos and find his dead body. His sword is broken, his crown/helm is dented. In the moment when everyone is gathered around Finwë's body, the camera shows us that the vault is empty and smashed open. Fëanor takes the broken crown into his forge and closes the door, mourning alone. Fingolfin sees this but says nothing. Fëanor's half-siblings comfort each other.
Epilogue:
Two Crowns: We see Melkor make the Iron Crown? Melkor takes the throne of Angband, surrounded by the balrogs and Mairon's posse. In his hand is the Iron Crown with the silmarils in it. His hand is burned and scarred. Fëanor sits on a chair in Formenos, distraught over his father's death, with Finwë's fixed crown in his hand. He looks up with fire in his eyes.