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Rhenium is a very rare, silvery white metal. It is extremely dense, very strong and slowly tarnishes when exposed to moist air but is resistant to oxidation and corrosion. After Tungsten, it has the second highest melting point and is therefore particularly suitable for the production of heat-resistant materials.



Due to its low availability as compared to its demand, Rhenium is one of the most expensive metals in the world.

Rhenium is produced as a by-product of the copper and molybdenum mining.

It is one of the rarest elements in the Earth’s crust. Only about 50 tonnes of it are produced each year.

Total world reserves of Rhenium are approximately 10,000 tonnes.

It is not included in U.S. stockpile of strategic metals.


Rhenium is irreplaceable in it’s primary application in the use of aircraft engines, so price, even though it is expensive, is irrelevant to airline manufacturers, such as Boeing.

Pratt & Whitney has signed contracts for 33% of the world’s Rhenium supply for the next 10 years. Other manufacturers like Rolls Royce and others are left fighting over scraps.

Critical strategic military importance. Growing demand during conflicts.

Boeing projects the commercial aircraft industry is expected to double over the next 20 years. China alone is expected to need over $1 trillion dollars in aircraft and Russia is refurbishing their entire fleet.

A secondary application is used as a catalyst to convert low-octane into high-octane gasoline. 30% of catalyst worldwide are used for this process.

Rhenium is invaluable to the future of satellites, space deployment and the rocket thrusters needed to get them there.


Rhenium is mostly exported in the form of metal pellets with 99.9% purity. At least 90% of these exports go to the United States. Essentially 70% of the world’s Rhenium is used in the manufacture of super alloys that are mostly used in jet engine aircraft turbine alloys. The current projections show that the demand for Rhenium by the commercial aerospace industry is bullish. This is attributed to the fact that the global aircraft fleet is expected to double within the next twenty years. Boeing’s latest forecast shows a projected market of $4.5 trillion for 34,000 new airplanes, with the Asia-Pacific region accounting for most of the new markets. Boeing also expects the airline traffic to grow at a yearly rate of 5% over the next 20 years and cargo traffic to grow by 5.2% each year.

The developed and developing world’s military investments in high tech aircraft is expected to increase the above figures supporting production of jet engines. For instance, in 2012-2013 Russia announced her plans to modernize air force and invested $723 billion towards the purchase of 1000 new helicopters, 600 new planes as well as in overhauling exiting planes.


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