The invented Mn-Bi-Co-Fe has a higher magnetization and much lower magneto-crystalline anisotropy as compared to the Mn-Bi and Mn-Bi-Co-Fe permanent magnets.

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Summary: Mn-Bi-Co alloy permanent (hard) and Mn-Bi-Co-Fe alloy soft magnets that don’t include either rare-earth metal or precious metal. The invented Mn-Bi-Co magnet possesses higher magnetization and magneto-crystalline anisotropy than those of conventional Mn-Bi. The invented Mn-Bi-Co-Fe has a higher magnetization and much lower magneto-crystalline anisotropy as compared to the Mn-Bi and Mn-Bi-Co-Fe permanent magnets.  

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