Preparation of bonded rare earth magnet-forming alloy and bonded rare earth magnet composition

Abstract

An alloy powder for bonded rare earth magnets is prepared by melting an alloy consisting essentially of 20-30 wt % of Sm or a mixture of rare earth elements (inclusive of Y) containing at least 50 wt % of Sm, 10-45 wt % of Fe, 1-10 wt % of Cu, 0.5-5 wt % of Zr, and the balance of Co, quenching the melt by a strip casting technique, to form a rare earth alloy strip containing at least 20% by volume of equiaxed crystals with a grain size of 1-200 &mgr;m and having a gage of 0.05-3 mm, and heat treating the strip in a non-oxidizing atmosphere at 1000-1300° C. for 0.5-20 hours, followed by aging treatment and grinding.