(57) Isotropic permanent magnet formed of a sintered body having a mean crystal grain
size of 1-160 microns and a major phase of tetragonal system comprising, in atomic
percent, 10-25% of R wherein R represents at least one of rare-earth elements including
Y, 3-23% ofB and the balance being Fe. As additional elements M, Al, Ti, V, Cr, Mn,
Zr, Hf, Nb, Ta, Mo, Ge, Sb, Sn, Bi, Ni or W may be incorporated. The magnets can be produced through a powder metallurgical process resulting in high
magnetic properties, e.g., up to 7 MGOe or higher energy product.
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