MFC Industrial Ltd., formerly Terra Nova Royalty Corp., is a global commodity supply chain company that sources and delivers commodities and materials to clients all over the world. The Company is engaged in the financing and risk management aspect of the business. The Company is able to locate and procure basic materials and commodities for clients around the world, and brings knowledge of logistics to the table that includes all major modes of transport, government relations and regulatory environments. In January 2012, the Company acquired Pea Ridge Iron Ore Mine in Missouri, the Unites States of America. The Company can source and deliver ores, metals, energy, plastics and lumber, and other commodities. Commodities either originate from the Company’s own production assets or are sourced from third parties.