Micromagnetic modelling using the finite-element method reveals the co
rrelation between the local arrangement of the magnetic moments on a l
ength scale of several nanometers and the magnetic properties of nanoc
omposite permanent magnets. Theoretical limits for remanence and coerc
ivity are derived for Nd2Fe14B/Fe3B/alpha-Fe nanocrystalline permanent
magnets. The coercive field shows a maximum at an average grain size
of D = 20 nm. Intergrain exchange interactions override the magneto-cr
ystalline anisotropy of the Nd2Fe14B grains for smaller grains, wherea
s exchange hardening of the soft phases becomes less effective for lar
ger grains. The calculations show a linear trade off of remanence and
coercivity as a function of the alpha-Fe to Fe3B ratio. The coercive f
ield H-c and the remanence J(r) cover the range (H-c, J(r)) = (340 kA/
m, 1.4 T) to (610 kA/m, 1.1 T) for a composite magnet containing 40% N
d2Fe14B, (60 - x)% Fe3B, and x% alpha-Fe. The numerical integration of
the Gilbert equation yields the transient magnetic states during irre
versible switching and thus reveal how reversed domains nucleate and e
xpand. (C) 1998 Elsevier Science B.V. All rights reserved.