Rhenium
Overview
One of the rarest elements in Earth's crust. Rhenium superalloys are indispensable for jet engine turbine blades, enabling higher operating temperatures and fuel efficiency.
Strategic Relevance
No viable substitute in high-temperature aerospace applications. Global supply is constrained by copper and molybdenum mining volumes.
Applications
Price History
Historical price trend (USD/kg or USD/tonne)
Physical Properties
- Density
- 21.02 g/cm³
- Melting Point
- 3,186°C
- Atomic Number
- 75
- Category
- Transition Metal
Supply Concentration
- Chile30%
- Kazakhstan15%
- USA12%
- Russia12%
- Other31%
Related Documentation
Procyon Indicative Price
Form: Pellets · Purity: 99.99%
Indicative level for information only, based on Procyon Metals' trading activity. It is not a firm offer or investment advice. Firm quotes are issued to partner advisers and professional clients according to form, purity and volume.
Request a firm quote →Frequently asked questions
What is the price of rhenium?
In 2024, the reference price for rhenium stood at around 1840 USD/kg, compared with 1650 USD/kg in 2023. Prices vary with purity, form (oxide or metal) and traded volume; the full history is charted above.
How can a client hold physical rhenium?
Rhenium is held in a specified form (metal, oxide or compound) and purity, backed by a certificate of analysis for the lot. Procyon Metals works through wealth advisers and family offices: it sources from vetted counterparties, documents the lot and arranges transport and storage with a specialist custodian.
Why is rhenium a strategic metal?
No viable substitute in high-temperature aerospace applications. Prices up 54.8% YoY driven by Boeing supply chain pressures and defense demand.
Which countries produce rhenium?
Rhenium production is highly concentrated: Chile (30%), Kazakhstan (15%), USA (12%), Russia (12%).
How liquid is physical rhenium?
Less liquid than listed products: there is no exchange price for rhenium that a private holder can trade on. Resale is negotiated with industrial buyers or traders, and the price and timing depend on form, purity, lot size and demand at that moment. It should be treated as a long-horizon holding.