Mixture of powders for preparing a sintered nickel-titanium-rare earth metal (Ni-Ti-RE) alloy

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A mixture of powders for preparing a sintered nickel-titanium-rare earth (Ni—Ti—RE) alloy includes Ni—Ti alloy powders comprising from about 55 wt. % Ni to about 61 wt. % Ni and from about 39 wt. % Ti to about 45 wt. % Ti, and RE alloy powders comprising a RE element.