The spouting melting NiCrWRe alloy powders used in two phase current workpieces and its preparation method, whose purpose is to improve wear and corrosion resistance and using longevity of liquid state and solid state current wearable and corrosion-resistant workpieces at high temperature. The components counted by weight percent is as follows: Ni 50-79%, Cr13-25%, W1-6%, Re 0.1-2.5%, Si 2.0-6.0%, B 2.0-6.0%, C 0.2-2.0%, Fe is less than or equal to 1%. Mixing the raw materials according to the above alloy components, after preheating the mixing raw materials appending the raw materials into electric furnace to melt, when temperature rises to 1450-1550 deg.C adding deoxidized, exhaust air, clear residues, then adding rare earth alloy, after stirring keeping quiescence for 3-5 min, and then clearing residues, analyzing in front of the furnace, adjusting components, taking out of furnace if conformity, injecting the eligible alloy liquid into milling device, atomizing the alloy under the preservation of inertia gas or vacuum state, finally preparing the alloy into powders of 100-350 orders.