Scully Royalty Ltd is a royalty-based company that maximizes earnings upon its iron ore royalty interest. The company's business segments include Iron Ore Royalty, which includes an interest in an iron ore mine; Industrial Equity, which includes multiple projects in resources and services; Merkanti Holding, which comprises regulated specialty trade finance and merchant banking businesses. The majority of the revenue is generated from the Royalties from the Iron ore segment. The company's geographical segments include Canada, Africa, America, Asia, and Europe, out of which America accounts for the majority of the revenue.