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CONSENT OF ROSCOE POSTLE ASSOCIATES INC.

The undersigned hereby consents to:

|(i) | the filing of the written disclosure (the Technical
      Disclosure) regarding:
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|    | (a)                                                                               
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|    | (b)                                                                               
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|    | (c)                                                                               
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|    | (d)                                                                               

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);

|(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);
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|(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.                                                                                                                                                                      

| | ROSCOE POSTLE ASSOCIATES INC.(Signed)
    Deborah A. McCombe
| | --------------------------------------------------------------
| | Name: Deborah A. McCombe                                      
| | Title: President & CEO                                        

Date: March 19, 2015

|RPA Inc.55
      University Ave. Suite 501 | Toronto, ON, Canada M5J 2H7 | T+1
      (416) 947 0907 | www.rpacan.com
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