Recent developments of rare-earth-free hard-magnetic materials

Recent advances in rare-earth-free hard-magnetic materials including magnetic bulk, thin films, nanocomposites and nanostructures are introduced. Since the costs of the rare-earth metals boosts up the price of the high-performance rare-earth permanent magnets, there is a much revived interest in various types of hard-magnetic materials based on rare-earth-free compounds. The 3d transition metals and their alloys with large coercivity and high Curie temperatures (working temperatures) are expected to overcome the disadvantages of rare-earth magnets. Making rare-earth-free magnets with a large energy product to meet tomorrow’s energy needs is still a challenge.