The kinetic dispersion relation for a four-component magnetized dusty plasm
a comprising of ions, electrons and two negatively charged dust components
(of different mass and charge) is solved for low-frequency electrostatic in
stabilities in the dust plasma frequency regime. The free energy that drive
s the instability is provided by a drift of the ions in the direction of an
externally applied magnetic field. The effect of the variation of plasma p
arameters such as ion drift speed, particle densities, ion and dust tempera
ture and magnetic held strength on the real frequency and the growth rate o
f the instability is examined. Numerical solutions of the full dispersion r
elation are compared with approximate analytical expressions.