FORM 4 [ ] Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).         
UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP OF SECURITIES
                                                                                  
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Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934 or Section 30(h) of the Investment Company Act of 1940
                      
1. Name and Address of Reporting Person * Moore Curtis 2. Issuer Name and Ticker or Trading Symbol ENERGY FUELS INC [ UUUU ] 5. Relationship of Reporting Person(s) to Issuer (Check all applicable)_____ Director                    _____ 10% Owner
__X__ Officer (give title below)    __X__ Other (specify below)
VP Marketing and / Corporate Development
(Last)         (First)         (Middle)
C/O ENERGY FUELS INC., 225 UNION BLVD., SUITE 600
3. Date of Earliest Transaction (MM/DD/YYYY)
1/25/2022
(Street)
LAKEWOOD, CO 80228
(City)       (State)       (Zip)
4. If Amendment, Date Original Filed (MM/DD/YYYY)
 
6. Individual or Joint/Group Filing (Check Applicable Line) _X _ Form filed by One Reporting Person
___ Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1.Title of Security
(Instr. 3)
2. Trans. Date 2A. Deemed Execution Date, if any 3. Trans. Code
(Instr. 8)
4. Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4 and 5)
5. Amount of Securities Beneficially Owned Following Reported Transaction(s)
(Instr. 3 and 4)
6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V Amount (A) or (D) Price
Common Shares  1/25/2022    A    12362  A $6.47  128262  D   

Table II - Derivative Securities Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivate Security
(Instr. 3)
2. Conversion or Exercise Price of Derivative Security 3. Trans. Date 3A. Deemed Execution Date, if any 4. Trans. Code
(Instr. 8)
5. Number of Derivative Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4 and 5)
6. Date Exercisable and Expiration Date 7. Title and Amount of Securities Underlying Derivative Security
(Instr. 3 and 4)
8. Price of Derivative Security
(Instr. 5)
9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) 10. Ownership Form of Derivative Security: Direct (D) or Indirect (I) (Instr. 4) 11. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares
Stock Appreciation Rights ("SARs")  $6.47  1/25/2022    A     22222      1/25/2023  1/25/2027  Common Shares  22222  $0  72537  D   

Explanation of Responses:

Remarks:
1. Reflects grant of 12,362 restricted stock units ("RSUs") which vest as follows: 50% on 01/27/2023; 25% on 01/27/2024; 25% on 01/27/2025.
2. Reflects grant of 22,222 stock appreciation rights ("SARs") which vest as follows: one-third of SARs automatically vest upon the volume weighted average price ("VWAP") of the Issuer's common stock on the NYSE American equaling or exceeding US$12.00 for any continuous 90-calendar-day period; another one-third of SARs automatically vest upon the VWAP of the Issuer's common stock on the NYSE American equaling or exceeding US$14.00 for any continuous 90-calendar-day period; and the final one-third vest upon the VWAP of the Issuer's common stock on the NYSE American equaling or exceeding US$16.00 for any continuous 90-calendar-day period.
3. Notwithstanding any vesting of any SARs, no SARs may be exercised until January 25, 2023, being the date that is one year from the date of grant.

Reporting Owners
Reporting Owner Name / Address
Relationships
Director 10% Owner Officer Other
Moore Curtis
C/O ENERGY FUELS INC.
225 UNION BLVD., SUITE 600
LAKEWOOD, CO 80228


VP Marketing and Corporate Development

Signatures
David Frydenlund as Attorney-in-Fact for Curtis Moore 1/26/2022
**Signature of Reporting Person Date
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