Rio Tinto Plc (RIO) Covered Calls

Rio Tinto Plc covered calls Rio Tinto is a leading global mining and materials company that produces iron ore, copper, aluminium, and lithium. Headquartered in London and Melbourne, it manages a world-class portfolio of long-life, low-cost assets across six continents. Rio Tinto is a central player in the global energy transition, providing the essential materials needed for urbanization, electrification, and low-carbon technologies while maintaining an industry-leading commitment to sustainable mining.

You can sell covered calls on Rio Tinto Plc to lower risk and earn monthly income. Born To Sell's covered call screener gives you customized search capabilities across all possible covered calls but here are a couple of examples for RIO (prices last updated Fri 1:10 PM ET):

Rio Tinto Plc (RIO) Stock Quote
Last Change Bid Ask Volume P/E Market Cap
98.06 +0.14 98.04 98.06 2.0M - 135
Covered Calls For Rio Tinto Plc (RIO)
Expiration Strike Call Bid Net Debit Return
If Flat		 Annualized
Return If Flat
Feb 20 97.5 2.45 95.61 2.0% 91.2%
Mar 20 97.5 3.80 94.26 3.4% 34.5%
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Rio Tinto Group (RIO) is one of the world’s largest diversified miners, currently undergoing a strategic transformation into a "future-facing" commodities powerhouse. As of early 2026, the company has simplified its global operations into three core divisions: Iron Ore, Copper, and Aluminium & Lithium. By pivoting away from fossil fuels and aggressively expanding its exposure to battery metals, Rio Tinto has positioned itself as the primary provider of materials essential for the global shift toward electrification and decarbonization.

Core Business and Strategic Segments

  1. Iron Ore: The company’s financial backbone. Rio Tinto operates a world-class integrated network of 17 mines and four port terminals in the Pilbara region of Western Australia. In 2026, the segment reached a historic milestone with the first commercial shipments from the Simandou project in Guinea—the world’s largest undeveloped high-grade iron ore deposit—which is expected to ramp up to 60 million tonnes annually by 2028.
  2. Copper: Rio Tinto’s primary growth engine. The company is scaling toward its goal of 1 million tonnes of annual copper production by 2030. Key assets include the Oyu Tolgoi underground mine in Mongolia and the Kennecott operation in the U.S. In February 2026, the company reaffirmed its commitment to organic copper growth through its Nuton bio-leaching technology, focusing on unlocking value from lower-grade primary sulfide ores.
  3. Aluminium & Lithium: This division represents the company’s "green" pivot. Rio Tinto is the largest aluminium producer outside of China, utilizing low-carbon hydropower for its Canadian smelters. Following the 2025 acquisition of Arcadium Lithium, the company has become a top-tier lithium producer. In early 2026, it is advancing the Rincón project in Argentina, aiming for full battery-grade carbonate production by late 2027.

Competitive Landscape

Rio Tinto competes in a capital-intensive global market where asset quality and jurisdictional safety are paramount. Its most significant rival is BHP Group, with whom it shares dominance in the iron ore and copper sectors. In the diversified mining space, it contends with Vale and Teck Resources. For pure-play copper competition, it faces Freeport-McMoRan and Southern Copper. As it expands its lithium footprint, it increasingly overlaps with specialized producers like Albemarle and Sociedad Quimica y Minera. Its low-carbon aluminium business competes primarily with Alcoa.

Strategic Outlook and Innovation

In 2026, Rio Tinto is executing its "Stronger, Sharper, Simpler" strategy. The strategic focus for the year is the "Safe Production System" (SPS) rollout, which has already delivered significant productivity benefits across its global sites. Innovation efforts are centered on the ELYSIS carbon-free smelting technology and the deployment of AI-driven exploration tools that have reduced mineral discovery timelines. Having walked away from major M&A talks in early 2026, management is prioritizing high-return organic projects and a disciplined capital allocation framework that supports a high dividend payout. By 2030, the company aims to have decarbonized its own operations while providing the critical minerals necessary for its customers to meet their net-zero targets.