SEC Form 3

FORM 3

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 INITIAL STATEMENT OF BENEFICIAL OWNERSHIP OF SECURITIES Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934 or Section 30(h) of the Investment Company Act of 1940

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1. Name and Address of Reporting Person* LUKSCH SARAI (Last) (First) (Middle) C/O ENERGY FUELS INC. 225 UNION BLVD., SUITE 600 (Street) LAKEWOOD CO 80228 (City) (State) (Zip)	2. Date of Event Requiring Statement (Month/Day/Year) 01/25/2022	3. Issuer Name and Ticker or Trading Symbol ENERGY FUELS INC [ UUUU ]
		4. Relationship of Reporting Person(s) to Issuer (Check all applicable) Director 10% Owner X Officer (give title below) Other (specify below) Chief Acct Officer/Controller	5. If Amendment, Date of Original Filed (Month/Day/Year)
			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 Beneficially Owned
1. Title of Security (Instr. 4)	2. Amount of Securities Beneficially Owned (Instr. 4)	3. Ownership Form: Direct (D) or Indirect (I) (Instr. 5)	4. Nature of Indirect Beneficial Ownership (Instr. 5)
Common Shares	21,146(2)	D(1)

Table II - Derivative Securities Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 4)	2. Date Exercisable and Expiration Date (Month/Day/Year)		3. Title and Amount of Securities Underlying Derivative Security (Instr. 4)		4. Conversion or Exercise Price of Derivative Security	5. Ownership Form: Direct (D) or Indirect (I) (Instr. 5)	6. Nature of Indirect Beneficial Ownership (Instr. 5)
	Date Exercisable	Expiration Date	Title	Amount or Number of Shares
Stock Appreciation Rights ("SARs")	01/25/2023	01/25/2027	Common Shares	18,222(3)	$6.47	D

Explanation of Responses:

1. Sarai Luksch was appointed to the role of Chief Accounting Officer and Controller of the Company on January 25, 2022, effective that same date.

2. Table I reflects three separate grants of restricted stock units ("RSUs") by the issuer in 2020, 2021 and 2022, respectively, each of which vest as to 50% on January 27 one year after the date of grant; 25% on January 27 two years after the date of grant; and 25% on January 27 three years after the date of grant. Full details will be made available to the SEC and Issuer shareholders upon request.

3. Table II reflects a grant of 18,222 stock appreciation rights ("SARs") by the Issuer on January 25, 2022, 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.

Remarks:

Exhibit 24.1 Power of Attorney

	/s/ Sarai Luksch	02/04/2022
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
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