The Australian ‎cited Mr Jim Beyer CEO of Mt Gibson Iron as saying that Mount Gibson Iron is set to step up its acquisition efforts this year as the group looks to challenge the perception that it offers little earnings growth.

Mr Beyer, who was promoted from COO to the top post in May last year amid a wave of executive leadership changes at the miner said that Mount Gibson was considering a range of acquisition opportunities, including a potential diversification into coking coal, following a volatile few years for the company.