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UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
___________________________

FORM 8-K

CURRENT REPORT
Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934

Date of Report (Date of earliest event reported): March 1, 2023

ENERGY FUELS INC.
(Exact name of registrant as specified in its charter)

Ontario | 001-36204 | 98-1067994
(State or other jurisdiction | (Commission | (IRS Employer
of incorporation) | File Number) | Identification No.)

225 Union Blvd., Suite 600
Lakewood, Colorado, United States 80228
(Address of principal executive offices) (ZIP Code)

Registrant’s telephone number, including area code: (303) 974-2140

Not Applicable
(Former name or former address, if changed since last report)

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:

☐ Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

☐ Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

☐ Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

☐ Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

Securities registered pursuant to Section 12(b) of the Act:

Title of each class |  | Trading Symbols |  | Name of each exchange on which registered
Common shares, no par value |  | UUUU |  | NYSE American LLC
|  | EFR |  | Toronto Stock Exchange

Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§ 230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§ 240.12b -2 of this chapter).

Emerging growth company ☐

If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☐

Item 7.01 Regulation FD Disclosure

Energy Fuels Inc. is releasing revised versions of the initial assessment entitled "Technical Report on the Nichols Ranch Project, Campbell and Johnson Counties, Wyoming, USA," and the preliminary feasibility study entitled "Preliminary Feasibility Study for the Sheep Mountain Project, Fremont County, Wyoming, USA," (the "Revised Reports"), the previously filed versions of which were released in March 2022 (the "Prior Reports"). The Revised Reports, which are attached hereto as Exhibits 99.1 and 99.2, respectively, were prepared for the purpose of providing further information regarding the calculation of cut-off grades, and to correct certain typographical errors. The Revised Reports do not change any of the mineral resource or mineral reserve estimates contained in the Prior Reports.

Energy Fuels Inc. is also releasing a pre-feasibility study entitled "Technical Report on the Pre-Feasibility Study on the Pinyon Plain Project, Coconino County, Arizona, USA," attached hereto as Exhibit 99.3.

The information furnished pursuant to this Item 7.01, including Exhibits 99.1, 99.2 and 99.3, shall not be deemed "filed" for purposes of Section 18 of the Exchange Act or otherwise subject to the liabilities under that Section and shall not be deemed to be incorporated by reference into any filing under the Securities Act or the Exchange Act, except as expressly set forth by specific reference in such filing.

Item 9.01 Financial Statements and Exhibits.

(d) Exhibits.

99.1 | Technical Report on the Nichols Ranch Project, Campbell and Johnson Counties, Wyoming, USA
99.2 | Preliminary Feasibility Study for the Sheep Mountain Project, Fremont County, Wyoming, USA
99.3 | Technical Report on the Pre-Feasibility Study on the Pinyon Plain Project, Coconino County, Arizona, USA
104 | Cover Page Interactive Data File (embedded within the Inline XBRL document)

SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934, the Registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

| ENERGY FUELS INC.
| (Registrant)
Dated: March 1, 2023 | By: /s/ David C. Frydenlund David C. Frydenlund Executive Vice President, Chief Legal Officer and Corporate Secretary