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CONSENT OF PAUL GORANSON

The undersigned hereby consents to:

|(i)   | the filing of the written disclosure (the Technical
      Disclosure) regarding the Nichols Ranch Uranium Project, 43-101
      Technical Report, Preliminary Economic Assessment dated February 28,
      2015, contained in the Annual Report on Form 10-K for the period ended
      December 31, 2015 (the 10-K) of Energy Fuels Inc. (the Company) being
      filed with the United States Securities and Exchange Commission;
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|(ii)  | the incorporation by reference of such Technical
      Disclosure in the 10-K into the Companys Form S-8 Registration Statements
      (File Nos. 333-205182 and 333-194900), and any amendments thereto (the
      S-8s);                                                                                                                                                                                                               
|      |                                                                                                                                                                                                                                                                                                                                                                                                                                             
|(iii) | the incorporation by reference of such Technical
      Disclosure in the 10-K into the Companys Form F-4 Registration Statement,
      as amended (File No. 333-203996) (the F- 4); and                                                                                                                                                                                                                                                  
|      |                                                                                                                                                                                                                                                                                                                                                                                                                                             
|(iv)  | the use of my name in the 10-K, the S-8s and the
    F-4.                                                                                                                                                                                                                                                                                                                                                                                   

/s/ Paul GoransonPaul Goranson, P.E.


Date: March 15, 2016

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