China Shen Zhou Mining & Resources, Inc. Wins RMB 48 Million Supply Contract for Refined Fluorite Powder

China Shen Zhou Mining & Resources, Inc. (NYSE Alternext US: SHZ) ("China Shen Zhou", or "the Company"), a leading company engaged in the exploration, development, mining and processing of fluorite, zinc, lead, copper, and other nonferrous metals in China, today announced one of its subsidiaries, Xiangzhen Mining, has signed a supply contract for refined fluorite powder with one of its customers, Ningxia Jinhe Chemical Industry Company Limited. The total value of this supply contract is approximately RMB 48 million (US$ 7 million).

According to the contract, the Company will process and deliver 40,000 tons of refined fluorite powder in total from January 2009 through December of 2009.

"We are thrilled to sign this new contract with our close business partner," said Ms. Jessica Yu, Chairwoman and CEO of China Shen Zhou. "This important contract reflects the long-term cooperation between China Shen Zhou Mining and all our business partners. We will further the mutual-confidence and mutual-benefit with all our suppliers and customers in 2009 through providing high-quality fluorite products."

Copyright and Exemption Declaration :¢ÙAll articles, pictures and videos that are marked with "China Aluminum Network" on this website are copyright and belong to China Aluminium Network (www.alu.com.cn). When transshipment, any media, website or individual must list the source from "China Aluminium Network (www.alu.com.cn)". We seek legal actions against anyone that disobey this. ¢ÚArticles that marked as copy from others are for transferring more information to readers, do not represent or endorse their opinions or accuracy and reliability. When other media, website or individuals copy from our website, must keep the source. Anyone that changes the articles' sources will hold the responsibilities for copyright and law problems. We also seek legal actions against anyone that disobey this. ¢ÛIf any articles copied by our website concern the copyright and other problems, please contact us within one week.