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CONSENT OF BROAD OAK ASSOCIATES

The undersigned hereby consents to:

|(i)   | the filing of the written disclosure regarding the NI
      43-101 Technical Review and Evaluation of the Exploration Potential of the
      Roca Honda Project, New Mexico, USA dated February 15, 2016 (the
      Technical Disclosure), 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 our name in the 10-K, the S-8s and the
    F-4.                                                                                                                                                                                                                                                                                                                                                                                                                  

BROAD OAK ASSOCIATES

/s/ G. S. CarterName: G. S. CarterTitle: President


Date: March 15, 2016

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