This paper reports an investigation on the giant magnetoresistance and
microstructure evolution in melt-spun Cu70Co30 alloy. The results sho
w that the phase separation is inevitable in the course of quenching,
leading to the formation of two types of fcc magnetic Go-rich particle
s but these do not appear to contribute to the magnetoresistance (MR).
On annealing, a very fine distribution of Co-rich precipitates forms
at temperatures above 573 K which are responsible fdr the high MR deve
loped in this material.