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CONSENT OF STEPHEN P. ANTONY

The undersigned hereby consents to:

|(i)   | the filing of the disclosure of scientific or technical
      information concerning mineral projects (the Technical Disclosure) in
      the Management Discussion and Analysis for the period ended December 31,
      2014 (the MD&A) 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 Form 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 MD&A 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 MD&A 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 MD&A, the F-10, the 40-F
      and the S-8.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                

| | /s/
      Stephen P. Antony         
| | ------------------------------------
| | Name: Stephen P. Antony, P.E.       
| | Title: President and Chief Executive
| | Officer, Energy Fuels Inc.          

Date: March 19, 2015

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