Scully Royalty Ltd. reported a 1.3% increase in revenue to $18.6 million for the six months ended June 30, 2025, compared to $18.1 million the previous year, despite lower royalty revenues due to decreased iron ore production and price volatility; net loss improved to $2.0 million from $19.9 million in the same period last year. The report also highlighted a significant change in the operator of the Scully Mine with a US$250 million equity injection following CCAA proceedings in October 2023.