By working up 660 kg of molybdenite they were able in 1928 to extract 1 g of rhenium. Rhenium does not occur free in nature or as a compound in a distinct mineral species. It is, however, widely spread throughout the earth's crust to the extent of about 0.001 ppm. More than 150,000 troy ounces of rhenium are now being produced yearly in the United States. The total estimated Free World reserve of rhenium metal is 3500 tons.
Natural rhenium is a mixture of two stable isotopes.
Twenty six other unstable isotopes are recognized. Rhenium metal is prepared by reducing ammonium perrhentate with hydrogen at elevated temperatures. It has other useful properties. The usual commercial form of the element is a powder, but it can be consolidated by pressing and resistance sintering in a vacuum or hydrogen atmosphere. Annealed rhenium is very ductile, and can be bent, coiled, or rolled.