Rhenium
High-Performance Metal for Engines: Rhenium
Characteristics of Rhenium
Rhenium is a heavy metal and can put up with a lot. Only topped by tungsten, it has the second highest melting temperature of any metal. The technology metal boasts numerous superlatives: It has above-average hardness, high density and is superconducting in low temperatures. Rhenium is the rarest stable (non-radioactive decaying) element – even gold and platinum are more common. It never occurs alone in nature, it is always part of other minerals.
Re
Applications for Rhenium
Rhenium is the preferred metal for high-temperature applications and plays a significant role in catalysts of petroleum refineries and in the production of rocket and aircraft engines. Due to its high melting temperature, the metal is the ideal cast for the production of thermal elements and incandescent wires in lamps and X-ray tubes.
Rarer than gold or platinum and indispensable in aircraft construction: Rhenium has an altitude flight ahead of it.
Rarer than gold or platinum and indispensable in aircraft construction: Rhenium has an altitude flight ahead of it.
Physical Asset Rhenium
Worth Knowing
According to an EU study, rhenium is at 7.7 on an economic importance scale of 1-10. The resource is much rarer than the most important precious metals, but not much more expensive in relation to it. Industry demand is increasing and increasing, and substitutions with other metals are not yet in sight. Forecasts from aircraft manufacturers Boeing and Airbus predict a doubling of the global number of aircrafts by 2030.
According to a study by the Fraunhofer Institute for Systems and Innovation Research, consumption of future technologies will more than double by 2035. It is no wonder that experts predict one of the highest increases in value of all metals for rhenium.
You can find out more about rhenium on our information page rhenium.de.
Price history
Note: The graph shows only the price history of the metal in the leading trading form, but not a concrete price. This always depends on the delivery quantity and other factors. The graph is for orientation only. We would love to tell you more in a nonbinding information talk.