<SEC-DOCUMENT>0001062993-16-009400.txt : 20160603
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<ACCEPTANCE-DATETIME>20160504192040
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ACCESSION NUMBER:		0001062993-16-009400
CONFORMED SUBMISSION TYPE:	CORRESP
PUBLIC DOCUMENT COUNT:		1
FILED AS OF DATE:		20160504

FILER:

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			ENERGY FUELS INC
		CENTRAL INDEX KEY:			0001385849
		STANDARD INDUSTRIAL CLASSIFICATION:	MINING, QUARRYING OF NONMETALLIC MINERALS (NO FUELS) [1400]
		IRS NUMBER:				000000000
		STATE OF INCORPORATION:			A6
		FISCAL YEAR END:			1231

	FILING VALUES:
		FORM TYPE:		CORRESP

	BUSINESS ADDRESS:	
		STREET 1:		225 UNION BLVD., SUITE 600
		CITY:			LAKEWOOD
		STATE:			CO
		ZIP:			80228
		BUSINESS PHONE:		303-974-2140

	MAIL ADDRESS:	
		STREET 1:		225 UNION BLVD., SUITE 600
		CITY:			LAKEWOOD
		STATE:			CO
		ZIP:			80228
</SEC-HEADER>
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<TYPE>CORRESP
<SEQUENCE>1
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   <TITLE>Energy Fuels Inc.: Correspondence - Filed by newsfilecorp.com</TITLE>
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<P align=justify>May 4, 2016 </P>
<P align=justify>John Reynolds <BR>Assistant Director <BR>Securities and
Exchange Commission <BR>100 F Street, N.E. <BR>Washington, D.C. 20549 <BR></P>
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  <TR vAlign=top>
    <TD width="5%"  >&nbsp;</TD>
    <TD align=left ><B>Re:</B> </TD>
    <TD align=left width="90%"><B>Response to the Securities and Exchange
      Commission</B> </TD></TR>
  <TR vAlign=top>
    <TD width="5%" >&nbsp;</TD>
    <TD align=left >&nbsp; </TD>
    <TD align=left width="90%"><B>Staff Comment dated May 3, 2016
      regarding</B> </TD></TR>
  <TR vAlign=top>
    <TD width="5%" >&nbsp;</TD>
    <TD align=left >&nbsp; </TD>
    <TD align=left width="90%"><B>Energy Fuels Inc.</B> </TD></TR>
  <TR vAlign=top>
    <TD width="5%" >&nbsp;</TD>
    <TD align=left >&nbsp; </TD>
    <TD align=left width="90%"><B>Amendment No. 1 to Registration Statement on
      Form S-3</B> </TD></TR>
  <TR vAlign=top>
    <TD width="5%" >&nbsp;</TD>
    <TD align=left >&nbsp; </TD>
    <TD align=left width="90%"><B>File No. 333-210782</B> </TD></TR></TABLE>
<P align=justify>Dear Mr. Reynolds: </P>
<P align=justify>This letter responds to the comment of the staff of the United
States Securities and Exchange Commission (the &#147;<B>Staff</B>&#148;) set forth in the
May 3, 2016 letter (the &#147;<B>Comment Letter</B>&#148;) regarding the above-referenced
Amendment No. 1 to the Registration Statement on Form S-3 (the &#147;<B>S-3</B>&#148;) of
Energy Fuels Inc. (the "<B>Company</B>&#148;). For your convenience, the Staff&#146;s
comment is included below and we have numbered our responses accordingly. </P>
<P align=justify>Concurrently with the filing of this response to the Comment
Letter, the Company has filed an Amendment No. 2 to the S-3 (the
&#147;<B>Amendment</B>&#148;).</P>
<P align=justify>Our response is as follows: </P>
<P align=justify>Staff Comment No. 1. </P>
<P align=justify>We note that the legality opinion in Exhibit 5.1 now states
that the Shares, Preferred Shares, and Warrant Shares will be legally issued
<B><I>as </I></B>fully paid and non-assessable. Please file a revised legality
opinion that opines on whether such shares will be legally issued, fully paid,
<B><I>and </I></B>non-assessable, as those terms are understood under U.S. law.
For guidance, refer to Section II.B.1.c of Staff Legal Bulletin No. 19.</P>
<P align=justify>The Company&#146;s Response No. 1: </P>
<P align=justify>In response to Staff Comment No. 1, the Amendment includes a
revised Exhibit 5.1 legal opinion which states that the Shares, Preferred Shares
and Warrant Shares will be legally issued, fully paid and non-assessable.</P>
<P align=center>* * * * * </P>
<P align=justify>Thank you for your review of the filing. If you should have any
questions regarding the response letter, please do not hesitate to contact the
undersigned at (303) 389-4130 or Richard Raymer of Dorsey &amp; Whitney LLP at
(416) 367-7388. </P>
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<P align=justify>John Reynolds <BR>May 4, 2016 <BR>Page 2 <BR></P>
<P style="MARGIN-LEFT: 50%" align=justify>Sincerely, <BR>Energy Fuels Inc.
<BR></P>
<P style="MARGIN-LEFT: 50%" align=justify>/s/ David C. Frydenlund <BR>David C.
Frydenlund <BR>Senior Vice President, General Counsel and <BR>Corporate
Secretary <BR></P>
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    <TD vAlign=top width="5%">cc: </TD>
    <TD>
      <P align=justify>Richard Raymer, Dorsey &amp; Whitney
LLP</P></TD></TR></TABLE><BR>
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