Rare Earth/Strategic Metals ETF (REMX)

[chrich12]

Here's the likely explanation, taken from a post by bbets on the REE board.

"BAOTOU, China — The Chinese government abruptly ended on Thursday its unannounced embargo of exports of crucial strategic minerals to the United States, Europe and Japan, although shipments to Japan still encountered some difficulties, four rare earth industry officials said. "
...

http://www.nytimes.com/2010/10/29/business/energy-environment/29rare.html?_r=2&hp