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Energy Fuels’ President Mark S. Chalmers to Present on Monday, January 29 at NobleCon14; Video Webcast Available

Marketing Announcement

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Energy Fuels’ President Mark S. Chalmers to Present on Monday, January 29 at

NobleCon14; Video Webcast Available

Lakewood, Colorado – January 26, 2018

Energy Fuels Inc. ( NYSE American: UUUU; TSX: EFR) (“Energy Fuels” or the “Company”) , the l argest

uranium producer in the United States, is pleased to announce that its President, Mark S. Chalmers, will

present at NobleCon14 - Noble Capital Markets’ Fourteenth Annual Investor Conference at the W Hotel,

Fort Lauderdale, Florida - on Monday, January 29, 2018 at 10:30 am Eastern Standard Time.

A high-definition, video webcast of the presentation will b e available the following day at the following

link:

Energy Fuels’ NobleCon14 Webcast Presentation

You may also view the presentation on Energy Fuels’ website at www.energyfuels.com. You will require

a Microsoft SilverLight viewer (a free download from the presentation link) to participate. The webcast

and presen tation will be archived on the Company's website and on the No ble websites for 90 days

following the event.

About Energy Fuels: Energy Fuels is a leading integrated US -based uranium mining company, supplying U 3O8 to

major nuclear utilities. Energy Fuels holds three of America’s key uranium production centers, the White Mesa Mill

in Utah, the Nichols Ranch Processing Facility in Wyoming, and the Alta Mesa Project in Texas . The White Mesa Mill

is the only conventional uranium mill operating in the U.S. today and has a licensed capacity of over 8 million

pounds of U3O8 per year. The Nichols Ranch Processing Facility is an ISR production center with a licensed capacity

of 2 million pounds of U 3O8 per year. Alta Mesa is an ISR production center currently on care and maint enance.

Energy Fuels also has the largest N ational Instrument 43-101 compliant uranium resource portfolio in the U.S.

among producers, and uranium mining projects located in a number of Western U.S. states, including one

producing ISR project, mines on standby, and mineral properties in various stages of permitting and development.

The Company also produces vanadium as a co -product of its uranium production from certain of its mines on the

Colorado Plateau, as market conditions warrant . The Company’s common shares are listed on the NYSE A merican

under the trading symbol “UUUU”, and on the Toronto Stock Exchange under the trading symbol “EFR”.

About Noble Capital Markets, Inc. : Noble Capital Markets, established in 1984, is an equity -research-driven, full-

service, investment & merchant banking boutique focused on the healthcare, media & entertainment, technology,

transportation & logistics and natural resources sectors. The company has offices in Boca Raton, New York, Boston

and St. Louis. In addition to NobleCon - the annual mult i-sector investor conference - and the Media, Finance &

Investor Program, produced in partnership with the National Association of Broadcasters (NAB) and held each

spring in Las Vegas, throughout the year Noble hosts numerous “non- deal” corporate road shows across the United

States and Canada. Members: FINRA, SIPC, MSRB. www.noblecapitalmarkets.com

Cautionary Note Regarding Forward -Looking Statements: This news release contains certain “Forward Looking

Information” and “Forward Looking Statements” within the meaning of applicable securities legislation, which may

include, but is not limited to, statements with respect to: the Company being the largest producer of uranium in the

U.S.; and any other statements regarding Energy Fuels’ future expectations, beliefs, goals or prospects; constitute

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forward-looking information within the meaning of applicable securities legislation (collectively, "forward- looking

statements"). All statements in this news release that are not statements of historical fact (including statements

containing the words "expects", "does not expect", "plans", "anticipates", "does not anticipate", "believes",

"intends", "estimates", "projects", "potential", "scheduled", "forecast", "budget" and similar expressions) should be

considered forward -looking statements. All such forward- looking statements are subject to important risk factors

and uncertainties, many of which are beyond Energy Fuels’ ability to control or predict. A number of important

factors could cause actual results or events to differ materially from those indicated or implied by such forward -

looking statements, including without limitation factors relating to : the Company being t he largest producer of

uranium in the U.S; and other risk factors as described in Energy Fuels’ most recent annual report on Form 10 -K and

quarterly financial reports. Energy Fuels assumes no obligation to update the information in this communication,

except as otherwise required by law. Additional information identifying risks and uncertainties is contained in

Energy Fuels’ filings with the various securities commissions which are available online at www.sec.gov and

www.sedar.com. Forward -looking statements are provided for the purpose of providing information about the

current expectations, beliefs and plans of the management of Energy Fuels relating to the future. Readers are

cautioned that such statements may not be appropriate for other purposes. Readers a re also cautioned not to place

undue reliance on these forward-looking statements, that speak only as of the date hereof.

Energy Fuels Inc.

Curtis Moore – VP – Marketing & Corporate Development

(303) 974-2140 or Toll free: (888) 864-2125

[email protected]

www.energyfuels.com