Nickel-based superalloys used in modern aircraft jet engines account for approximately eighty percent of the world’s Rhenium (Re) demand. The manufacture of military and commercial aircraft jet engines consumes approximately 50 metric tons of Re annually.
Rhenium-containing single crystal superalloy jet engine turbine blades operate at up to 1600˚C, and can survive torturous high temperature loading curves while resisting deformation. Rhenium allows better engine performance, more efficient fuel combustion and reduced emissions of nitrous oxides (NOx), all of which are significant issues to the aviation industry.
Rhenium is also in demand for use in petroleum refining. Re-based bi-metallic reforming catalysts are used in production of high octane gasoline. About 15 metric tons of rhenium per year are consumed in the production of petroleum catalysts and other Re-based chemical catalysts.
CURRENT RHENIUM MARKET ESTIMATES:
Global refined rhenium produced per annum: 50 MT
Global recycled rhenium metal produced per annum: 15 MT
Total rhenium production 60 MT
Estimated rhenium demand: 65 MT
Estimated Re Market shortfall: 5 MT
Titan International, Inc. is a world-class rhenium recycling company. From its 200,000 sf facility located in Pottstown, Pa., Titan producing the world’s finest rhenium pellets, rhenium powders and Ammonium Perrhenate (“APR”) products.