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CONSENT OF RICHARD L. NIELSEN

The undersigned hereby consents to:

|(i)   | the filing of the written disclosure regarding the
      technical report entitled Technical Report Update of Gas Hills Uranium
      Project Freemont and Natrona Counties, Wyoming, USA dated March 22, 2013
      (the Technical Disclosure), contained in the Annual Information Form for
      the period ended December 31, 2014 (the AIF) of Energy Fuels Inc. (the
      Company) being filed as an exhibit to the Companys Form 40-F Annual
      Report for the period ended December 31, 2014, and any amendments thereto
      (the 40- F), being filed with the United States Securities and Exchange
      Commission (the SEC);
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|      |                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            
|(ii)  | the incorporation by reference of such Technical
      Disclosure in the 40-F and the AIF into the Companys Form S-8
      Registration Statement (File No. 333-194900), filed with the SEC, and any
      amendments thereto (the S-8);                                                                                                                                                                                                                                                                                                                                                                                                                
|      |                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            
|(iii) | the incorporation by reference of such Technical
      Disclosure in the AIF into the Companys Form F-10 Registration Statement
      (File No. 333-194916), filed with the SEC, and any amendments thereto (the
      F-10); and                                                                                                                                                                                                                                                                                                                                                                                                                       
|      |                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            
|(iv)  | the use of my name in the AIF, the F-10, the 40-F and the
      S-8.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                       

| | /s/
      Richard L. Nielsen              
| | ------------------------------------------
| | Richard L. Nielsen, Professional Geologist

Date: March 19, 2015





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