Rhenium Price: Range, Benchmarks and Drivers

USGS reports the average 2025 price of rhenium at $2,600/kg (rhenium metal, 99.99% pure, average value (gross weight); +91% on 2024). The price has changed by an average of +28% a year since 2021. The table gives the annual averages for each year available, and the sections after it give the dealer price where one is listed and the recent events the sources report.

Rhenium price: what the sources report

USGS says catalytic-grade ammonium perrhenate averaged $2,300 per kilogram in 2025, 78% more than in 2024, and rhenium metal pellets averaged $2,600, 90% more. Recyclers would require prices to stay consistently above $3,000 per kilogram to offset processing costs, according to industry sources cited by USGS.

What recent events affect the rhenium market?

• 2025. World rhenium production rose 1% to an estimated 81,000 kilograms from 79,800 kilograms. US apparent consumption rose an estimated 34%, with imports of unwrought rhenium and powders up 83% and imports of ammonium perrhenate up 5%.
• 2025. The United States and Germany remained the leading producers of secondary rhenium, with additional production in Canada, Estonia, France, Japan, Poland and Russia.
• November 2025. Rhenium was added to the US Final 2025 List of Critical Minerals.

Frequently asked questions

How much does rhenium cost?

USGS reports the average 2025 price of rhenium at $2,600/kg (rhenium metal, 99.99% pure, average value (gross weight); +91% on 2024). EarthRarest, our sister business, lists Re min. 99.9% at $7,576.79/kg (10 kg bucket), read on October 14, 2026; a dealer list price covers one grade and pack size and is not a market benchmark.

Which country produces the most rhenium?

Chile produces the most rhenium: an estimated 30,000 kg, or 37% of the world total, in 2025, according to the USGS mine production figures.

Is rhenium a critical mineral?

Yes. Rhenium is on the US and Australian critical minerals lists. The United States added rhenium to its list in November 2025, when the final list grew from 50 to 60 minerals. US net import reliance for rhenium in 2025 was 75%.

What is rhenium used for?

Rhenium is used in superalloys for high-temperature turbine engine components, petroleum-reforming catalysts and other alloys and devices. Superalloys for high-temperature turbine engine components: an estimated 80% of end uses; rhenium improves the high-temperature strength of some nickel-base superalloys above 1,000 degrees Celsius.

Sources

Read on October 14, 2026. Figures on this page come from these documents; where a number is an estimate, the source says so.

1. USGS Mineral Commodity Summaries 2026: Rhenium. Production, reserves, uses, substitutes, recycling and events
2. USGS Mineral Commodity Summaries 2026: introduction (Table 7 and Figures 10A and 10B). Net import reliance, leading producer and price changes for critical minerals
3. Federal Register: Final 2025 List of Critical Minerals
4. EUR-Lex: Regulation (EU) 2024/1252
5. Department of Industry, Science and Resources: Australia’s Critical Minerals List and Strategic Materials List
6. Government of Canada: Canada’s critical minerals
7. EarthRarest price list. Dealer list price, read October 14, 2026; our sister business
8. Molibdenos y Metales (Molymet): management analysis of the financial statements to 31 December 2025, in Spanish
9. KGHM Polska Miedź: company profile page
10. Almalyk Mining and Metallurgical Complex: news item of 24 April 2025