<?xml version="1.0" encoding="UTF-8"?><edgarSubmission xmlns="http://www.sec.gov/edgar/schedule13g" xmlns:com="http://www.sec.gov/edgar/common">
<headerData>
<submissionType>SCHEDULE 13G</submissionType>
<filerInfo>
<filer>
<filerCredentials>
<cik>0001432354</cik>
<ccc>XXXXXXXX</ccc>
</filerCredentials>
</filer>
<liveTestFlag>LIVE</liveTestFlag>



</filerInfo>
</headerData>
<formData>
<coverPageHeader>
<securitiesClassTitle>Common Shares</securitiesClassTitle>
<eventDateRequiresFilingThisStatement>12/31/2025</eventDateRequiresFilingThisStatement>
<issuerInfo>
<issuerCik>0001385849</issuerCik>
<issuerName>ENERGY FUELS INC</issuerName>
<issuerCusip>292671708</issuerCusip>
<issuerPrincipalExecutiveOfficeAddress>
<com:street1>225 Union Blvd.</com:street1>
<com:street2>Suite 600</com:street2>
<com:city>Lakewood</com:city>
<com:stateOrCountry>CO</com:stateOrCountry>
<com:zipCode>80228</com:zipCode>
</issuerPrincipalExecutiveOfficeAddress>
</issuerInfo>
<designateRulesPursuantThisScheduleFiled>
<designateRulePursuantThisScheduleFiled>Rule 13d-1(b)</designateRulePursuantThisScheduleFiled>
</designateRulesPursuantThisScheduleFiled>
</coverPageHeader>
<coverPageHeaderReportingPersonDetails>

<reportingPersonName>Global X Management CO LLC</reportingPersonName>
<citizenshipOrOrganization>DE</citizenshipOrOrganization>
<reportingPersonBeneficiallyOwnedNumberOfShares>
<soleVotingPower>13635299</soleVotingPower>
<sharedVotingPower>0</sharedVotingPower>
<soleDispositivePower>13635299</soleDispositivePower>
<sharedDispositivePower>0</sharedDispositivePower>
</reportingPersonBeneficiallyOwnedNumberOfShares>
<reportingPersonBeneficiallyOwnedAggregateNumberOfShares>13635299</reportingPersonBeneficiallyOwnedAggregateNumberOfShares>
<aggregateAmountExcludesCertainSharesFlag>N</aggregateAmountExcludesCertainSharesFlag>
<classPercent>5.75</classPercent>
<typeOfReportingPerson>IA</typeOfReportingPerson>
</coverPageHeaderReportingPersonDetails>
<items>
<item1>
<issuerName>ENERGY FUELS INC</issuerName>
<issuerPrincipalExecutiveOfficeAddress>225 Union Blvd., Suite 600, Lakewood, Colorado, 80228</issuerPrincipalExecutiveOfficeAddress>
</item1>
<item2>
<filingPersonName>Global X Management Company LLC ("GXMC")</filingPersonName>
<principalBusinessOfficeOrResidenceAddress>605 3rd Avenue, 43rd Floor&#13;
New York, NY 10158</principalBusinessOfficeOrResidenceAddress>
<citizenship>Delaware</citizenship>
</item2>
<item3>
<notApplicableFlag>N</notApplicableFlag>
<typeOfPersonFiling>IA</typeOfPersonFiling>
</item3>
<item4>
<amountBeneficiallyOwned>The information in items 1 and 5 through 11 on the cover pages (p. 2) on Schedule 13G is hereby incorporated by reference.&#13;
&#13;
GXMC is a registered investment adviser that furnishes investment advice to the Global X Uranium ETF (the "Fund"), a separate series of Global X Funds, an investment company registered under Section 8 of the Investment Company Act of 1940. As a result of its role as investment adviser to the Fund, GXMC may be deemed to be the beneficial owner of shares of Energy Fuels Inc. held by the Fund. However, GXMC does not have the right to receive any dividends from, or the proceeds from the sale of, the securities held in the Fund and disclaims any ownership associated with such rights.</amountBeneficiallyOwned>
<classPercent>5.75</classPercent>
<numberOfSharesPersonHas>
<solePowerOrDirectToVote>13,635,299.00</solePowerOrDirectToVote>
<sharedPowerOrDirectToVote>0.00</sharedPowerOrDirectToVote>
<solePowerOrDirectToDispose>13,635,299</solePowerOrDirectToDispose>
<sharedPowerOrDirectToDispose>0.00</sharedPowerOrDirectToDispose>
</numberOfSharesPersonHas>
</item4>
<item5>
<notApplicableFlag>Y</notApplicableFlag>
</item5>
<item6>
<notApplicableFlag>N</notApplicableFlag>
<ownershipMoreThan5PercentOnBehalfOfAnotherPerson>Global X Uranium ETF, set forth in Item 4 above, has the right to receive all dividends from, and the proceeds from the sale of, the securities held in its respective account. These shares were acquired in the ordinary course of business, and not with the purpose of changing or influencing control of the issuer.</ownershipMoreThan5PercentOnBehalfOfAnotherPerson>
</item6>
<item7>
<notApplicableFlag>Y</notApplicableFlag>
</item7>
<item8>
<notApplicableFlag>Y</notApplicableFlag>
</item8>
<item9>
<notApplicableFlag>Y</notApplicableFlag>
</item9>
<item10>
<notApplicableFlag>N</notApplicableFlag>
<certifications>By signing below I certify that, to the best of my knowledge and belief, the securities referred to above were acquired and are held in the ordinary course of business and were not acquired and are not held for the purpose of or with the effect of changing or influencing the control of the issuer of the securities and were not acquired and are not held in connection with or as a participant in any transaction having that purpose or effect, other than activities solely in connection with a nomination under ?? 240.14a-11.</certifications>
</item10>
</items>
<signatureInformation>
<reportingPersonName>Global X Management CO LLC</reportingPersonName>
<signatureDetails>
<signature>/s/ Ryan O'Connor</signature>
<title>Ryan O'Connor, Chief Executive Officer</title>
<date>02/17/2026</date>
</signatureDetails>
</signatureInformation>
</formData>
</edgarSubmission>
