Nanophase materials with an average grain size in the range of 1 to 50 nm have attracted research interest for more than a decade since their physical properties are quite different from that of their bulk micron-sized counterparts. The properties of magnetic materials are highly dependent on its particle size. The synthesis of hard phase magnetic nanoparticles was carried out in a one pot reaction. By controlling the reaction conditions, the exchange coupling between the hard and soft phase in the hard/soft nanocomposite magnetic material has been studied. The reaction parameters, such as the ratio of the metallic precursors, reaction temperature and reduction process, play an important role in determining the shape and size of the material along with its magnetic properties. To produce the exchange coupling between hard and soft phases their particle size needs to be controlled very precisely, which can help to increase the interaction between the two phases. By controlling the ratio of precursors, the amount of soft phase of α-Fe was optimized for the synthesis in situ with the hard phase Nd2Fe14B material.
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