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Scully Royalty Ltd. operates primarily as an iron ore royalty company with diversified interests in industrial and merchant banking activities. The company's main revenue stream comes from a royalty interest in the Scully Iron Ore mine located in Newfoundland and Labrador, Canada. This royalty arrangement grants Scully Royalty a percentage of the revenues from the iron ore produced and shipped from the mine. Beyond its mining interests, Scully Royalty engages in industrial projects involving resources and services, as well as regulated merchant banking through its global subsidiaries. The company is headquartered in Hong Kong, and its shares are listed on the NYSE.