Energy Fuels Inc. (TSX:EFR) ("Energy Fuels" or the "Company"), continues to
advance its Pinon Ridge uranium/vanadium milling project toward construction by
filing a Radioactive Material License Application (the Application) and
Environmental Report (the ER) with the Colorado Department of Public Health and
Environment, Radiation Management Program (CDPHE) on November 18, 2009. 


George Glasier, President and CEO of Energy Fuels, stated, "I am confident that
the Energy Fuels technical team has prepared a thorough and accurate license
application that meets all regulations administered by CDPHE. In progressing to
this final stage of approvals, Energy Fuels is clearly moving forward on its
plan to construct the first new uranium mill in the US in more than 25 years".


The Application completes a detailed process started in August of 2007 when site
characterization data collection was initiated at the Pinon Ridge Mill site
selected by the Company and located 12 miles west of Naturita in western
Montrose County, Colorado.


The license review process could take as few as ten months, but no more than
fourteen months, under Colorado law. Upon issuance of the mill license, Energy
Fuels will have the right to construct and operate the Pinon Ridge Mill.


CDPHE's review process includes a review of the Application for completeness
within thirty days of submittal. Once the Application is found to be
substantially complete, Energy Fuels must arrange two public meetings in
Montrose County; the first meeting within forty-five days of the finding of
completeness and the second within thirty days of the first meeting. Public
testimony will be taken at both public meetings. 


The Montrose Board of County Commissioners (BOCC) will have ninety days after
the first public meeting to provide comments to CDPHE on the Application. CDPHE
is required by Colorado statute to render a decision on the Application within
270 days after receipt of the county's comments, or within 365 days after the
second public meeting, if a timely response is not received from the BOCC.


Many of the supporting documents for the Application were filed with CDPHE as
completed. These documents along with the filed Application and ER can be viewed
at: http://www.cdphe.state.co.us/hm/rad/rml/energyfuels/index.htm. 


Additionally, Energy Fuels is pleased to announce that the Board of Directors
has appointed Stephen P. Antony, Executive Vice President and Chief Operating
Officer, as a Director of the Company. Mr. Antony has been in his current
management role since the fall of 2006. 


Stephen P. Antony, P.E., a Qualified Person as defined by National Instrument
43-101, has reviewed and approved the content of this press release.


Energy Fuels Inc. is a Toronto-based uranium and vanadium mineral development
company actively rehabilitating and developing formerly producing mines. With
more than 47,000 acres of highly prospective uranium and vanadium property
located in the states of Colorado, Utah, Arizona, Wyoming, and New Mexico, and
exploration properties in Saskatchewan's Athabasca Basin totaling approximately
32,000 additional acres, the Company has a full pipeline of additional
development prospects. Energy Fuels, through its wholly-owned Colorado
subsidiary, Energy Fuels Resources Corporation and Magnum Uranium subsidiary,
has assembled this property portfolio along with a first class management team,
including highly skilled technical mining and milling professionals based in
Lakewood and Nucla, Colorado and Kanab, Utah.


This news release contains certain "Forward-Looking Statements" within the
meaning of Section 21E of the United States Securities Exchange Act of 1934, as
amended and "Forward Looking Information" within the meaning of applicable
Canadian securities legislation. All statements, other than statements of
historical fact, included herein are forward-looking statements and
forward-looking information that involve various risks and uncertainties. There
can be no assurance that such statements will prove to be accurate, and actual
results and future events could differ materially from those anticipated in such
statements. Important factors that could cause actual results to differ
materially from the Company's expectations are disclosed in the Company's
documents filed from time-to-time with the British Columbia, Alberta and Ontario
Securities Commissions.


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