Scully Royalty Ltd. (SRL)

Overview

Scully Royalty Ltd. is a diversified iron ore mining company with operations spanning across the Americas, Africa, Canada, Asia, and Europe. The company operates through three main segments: Royalty, Industrial, and Merchant Banking. With a significant interest in the Scully iron ore mine located in Newfoundland and Labrador, Canada, Scully Royalty is dedicated to the exploration and development of mineral resources. Initially known as MFC Bancorp Ltd., the company underwent a rebranding to Scully Royalty Ltd. in June 2019, demonstrating its commitment to the core mining operations and its diverse industrial ventures. Incorporated in 2017, Scully Royalty Ltd. is headquartered in Shanghai, China, positioning itself in a strategic location that bridges its operations across different continents.

Products and Services

• Royalty Interests

The company holds royalty interests in the Scully iron ore mine, which is a significant part of its investment portfolio. This segment generates revenues through the extraction and sale of iron ore, leveraging the mine's strategic location in Canada.

• Industrial Ventures

Scully Royalty engages in various industrial ventures, including manufacturing and the medical supplies and services industries. These sectors allow the company to diversify its revenue streams beyond mining and capitalize on the growing demand in these fields.

• Merchant Banking and Financial Services

Providing merchant banking and financial services, Scully Royalty offers support to small and medium-sized enterprises (SMEs). This facet of the company aids in the development and expansion of businesses, focusing on projects that enhance resources and services.

• Real Estate Development

The company also ventures into real estate, particularly through the operation of two industrial real estate parks. These parks serve as a testament to Scully Royalty’s investment in infrastructure and its strategy to harness the potential of the real estate market.