The latest advance came as China's State Council pressed ahead with its environmental probe into illegal capacity ...

Iron ore tops $US80 a tonne

The spot price for iron ore extended its stunning rebound, topping $US80 a tonne for the first time in more than two years.

Since hitting a 17-month high above $US6000 on November 11, copper has dropped nearly 10 per cent.

Copper extends slide

​Copper clocked its biggest weekly fall in a month as the US dollar soared to a 14-year high.