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Energy Fuels Inc. (NYSE American: UUUU) (TSX: EFR)  ( Energy Fuels or the Company ) today reported its financial results for the quarter ended June 30, 2021. The Company s quarterly report on Form 10-Q has been filed with the U.S. Securities and Exchange Commission ( SEC ) and may be viewed on the Electronic Document Gathering and Retrieval System ( EDGAR ) at www.sec.gov/edgar.shtml, on the System for Electronic Document Analysis and Retrieval ( SEDAR ) at www.sedar.com, and on the Company s website at www.energyfuels.com. Unless noted otherwise, all dollar amounts are in U.S. dollars. Highlights: At June 30, 2021, the Company had $98.8 million of working capital, including $79.4 million of cash and marketable securities and $29.2 million of inventory. At current commodity prices, the Company s inventory has a value of $39.1 million.

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