> The current relatively low price of rhenium (relative to its rarity) is simply due to low demand.
For stuff previously needed in low quantities it's usually the reverse - price goes down as more is needed. Initially prices are high because manufacturing equipment has to be maintained even if idle, wages have to be paid, and because of logisticical overhead for the small quanitites. A second price drop occurs as we get into mass-manufacturing and better processes are found.
Rhenium is a byproduct of mining and refinement, but I suspect it is often not captured because the small quanitites needed don't make it economically interesting - you would invest in infrastructure to extract it and immediately crash the price. That would change if there was a stable demand of higher quantities.
For stuff previously needed in low quantities it's usually the reverse - price goes down as more is needed. Initially prices are high because manufacturing equipment has to be maintained even if idle, wages have to be paid, and because of logisticical overhead for the small quanitites. A second price drop occurs as we get into mass-manufacturing and better processes are found.
Rhenium is a byproduct of mining and refinement, but I suspect it is often not captured because the small quanitites needed don't make it economically interesting - you would invest in infrastructure to extract it and immediately crash the price. That would change if there was a stable demand of higher quantities.