Effects of Zr addition and annealing treatment on the formation, microstructure and magnetic properties of Nd12.3Fe81.7?xZrxB6.0 (x=0―3.0) ribbons melt-spun and annealed have been systematically investigated by means of vibrating sample magnetometer (VSM), differential scanning calorimeter (DSC), X-ray diffraction (XRD), and high resolution scanning electron microscopy (HRSEM). Phase analysis reveals that Nd2Fe14B is single-phase material. It has been found that the intrinsic coercivity Hci of the optimally processed Nd12.3Fe81.7?xZrxB6.0 ribbons increases monotonically from 751.7 kA/m for x=0 to 1005.3 kA/m for x=3.0. The remanence polarization Jr and maximum energy product (BH)max increase first with Zr addition, then slightly decrease with further increasing Zr content. Optimum magnetic properties with Jr=1.041 T, Hci=887.5 kA/m and (BH)max=175.2 kJ/m3 have been achieved for the ribbons with x=1.5. The significant improvement of magnetic properties originates from the finer grains of the ribbons by introducing Zr.
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