The Australian share market has gained ground, boosted by a jump in iron ore prices as data showed China imported a record amount of the steelmaking ingredient in 2024.
The benchmark S&P/ASX200 index on Tuesday finished up 39.1 points, or 0.48 per cent, to 8,231.0, while the broader All Ordinaries climbed 39.9 points, or 0.47 per cent, to 8,471.8.
The Australian dollar had rebounded a bit, buying 61.84 US cents, from 61.39 US cents at close of business Monday.