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CONSENT OF SRK CONSULTING (U.S.),  INC.

The undersigned hereby consents to:

|(i)   | the filing of the written disclosure regarding the
      technical report entitled NI 43-101 Technical Report on Resources Wate
      Uranium Breccia Pipe  Northern Arizona, USA dated March 10, 2015 (the
      Technical Disclosure) 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 our name in the AIF, the F-10, the 40-F and
      the S-8.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                   

| | SRK CONSULTING (U.S.),  INC.  
    
    /s/ Corolla Hoag
| | --------------------------------------------------------
| | Name: Corolla Hoag                                      
| | Title: Practice Leader                                  

Date: March 19, 2015



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