The phase equilibria in the ternary system Fe-Nd-C were established by meta
llography, X-ray diffraction and differential thermal analysis and an descr
ibed with the help of a liquidus projection, an isothermal section at 850 d
egreesC, two vertical sections, and a reaction scheme. The formation of the
magnetically hard phase Fe14Nd2C in cast alloys is accompanied by Nd-rich
carbides that cause severe corrosion. The equilibria involving Fe14Nd2C are
extremely slow to set in, but they can be accelerated substantially by add
ing small amounts of baron and copper. Doping with copper provides the adde
d benefit of eliminating the corrosive carbides.