China Shen Zhou Mining & Resources Plummeting (SHZ)

China Shen Zhou Mining & Resources Inc. SHZ is dropping sharply today, after having gained more than 66% yesterday on tremendous volume. The huge move came yesterday because China announced it was cutting its rare Earth exports more than anticipated. At last check, shares of SHZ were down $1.42 to $7.87, a loss of 15.3% on 15.3 million shares. China Shen Zhou Mining & Resources engages in exploring, developing, mining, processing, and distributing fluorite ore, zinc, copper, lead, and other nonferrous metals.