Using Fe-57 Mossbauer spectroscopy, X-ray diffraction and magnetizatio
n measurements, magnetic properties of melt-spun Nd4.5Fe77B18.5 ribbon
have been investigated after the annealing treatments which make nano
crystalline composite from the as-prepared amorphous state. Specimen r
ibbon which shows coercivity and is suitable for a permanent magnet co
nsists of the mixture of Fe3B and Nd2Fe14B. Relative fraction of these
phases in the ribbon have been determined.