When a homogeneous amorphous Pd40.5Ni40.5P19 alloy was subjected to thermal
annealing for 30 min at various temperatures, novel microstructures were o
bserved. At an annealing temperature of 603 K, phase separation of the amor
phous phase dominated. At 628 K, a precipitation reaction proceeded first.
After its completion, a eutectic growth set in. At 638 K, metastable spinod
al decomposition occurred first, followed by a eutectic growth. Finally at
673 K, crystal growth of crystalline spinodal network was fast enough to co
mpete with a eutectic growth.