Minor & Light Metals / Rhenium: Global Industry Markets & Outlook, 9th edition 2013

Contents

  • 1. Summary
  • 2. History, occurrence, properties and resources of rhenium
  • 3. Rhenium recovery processes
  • 4. World production of rhenium
  • 5. Current and potential rhenium-producing countries and companies
  • 6. Consumption and supply and demand of rhenium
  • 7. End-uses of rhenium
  • 8. Market outlook for rhenium to 2018
  • 9. International trade in rhenium
  • 10. Rhenium prices

Rhenium: Global Industry Markets & Outlook, 9th edition 2013

By the beginning of 2013, the rhenium market had experienced three years of relative calm after considerable volatility from the end of 2006 to 2009 when the spot price peaked at almost US$12,000/kg, with steeply rising demand for use in aerospace superalloys.  Since the end of 2009 the spot price has remained below US$5,000/kg and was being quoted between US$3,500 and US$3,700/kg in January 2013. 

Despite some concerns in the industry regarding future supply, Roskill believes that primary and secondary resources are sufficient to allow producers and potential producers to keep pace with demand.   This should mean continuing stability in the rhenium market, and security of supply for consumers at acceptable prices.

The new Roskill report on rhenium uses our comprehensive database to provide estimates of mine production of rhenium contained in molybdenum concentrates, most of which is not credited to the miner and much of which is not recovered. The report also assesses global rhenium resources in copper-molybdenum ores. 

Rhenium imparts creep resistance to superalloy gas turbine blades used at extreme temperatures in aero engines and industrial gas turbines.  Because of fears concerning security of supply, rhenium prices have had periods of great volatility thereby discouraging alloy makers from relying on the metal.  This report provides a perspective on the rhenium market, giving both potential and existing producers and consumers the wherewithal on which base their decisions.

In the early 2000s the rhenium market was probably oversupplied as output continued to rise despite a decline in the build-rate of aero engines between 2002 and 2005.  From 2007 to 2009 rhenium production was lower, yet demand from the aerospace industry was increasing.  As a result, surpluses that had built up in the early 2000s were quickly used.  

Between 2009 and 2012 rhenium supply has probably been in rough balance with demand.  With a better understanding of the market dynamics, producers should be more able to tailor future output to demand.

In addition to its invaluable contribution to the stability of superalloys and the safety of aero jet engines, rhenium is used in reforming catalysts in the production of high octane petroleum additives.  It is also used as a promoter in catalysts in gas-to-liquid operations, which, although small currently, may assume much greater importance in the long term in light of the rapid expansion of shale gas output in the USA and elsewhere.

 

            World: Rhenium supply and demand from 2002 to 2012

 Rhenium supply and demand

Roskill’s report on rhenium will help you answer questions such as:

 

  • What are the long term prospects for the supply of rhenium?
  • In the event of significantly greater demand for rhenium would producers be able to meet demand?
  • What is the likelihood of further price volatility?
  • Where and in what are the main markets for rhenium?
  • What is the outlook for the rhenium markets and where are the likely growth areas?
  • Would a greater availability of rhenium stabilize the market and expand its superalloy applications?

 

Rhenium: Global Industry Markets & Outlook, 9th edition 2013

  • Published 31/01/2013
  • 117 pages, 57 tables and 22 figures.
  • ISBN 978 0 86214 587 3

Complete report price:

  • GBP 3800
  • EUR 4800
  • USD 6100

plus postage/packing.

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