Rare earth-containing alloy cast, its production and sintered magnet

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Rare earth-containing alloy flakes and a sintered magnet made of the same are provided, which alloy flakes are useful in the production of sintered magnets of which Br and HcJ may be excellent and well-balanced according to the Dy and/or Tb content. The rare earth-containing alloy flakes are R-TM-A-M-type alloy flakes which have a particular composition, and a structure having a Nd 2 Fe 14 B main phase and a boundary phase, the Fe content in the boundary phase is not more than 10 mass%, and a ratio of the total content (b) of Dy and Tb in the boundary phase to the total content (a) of Dy and Tb in the main phase is higher than 1.0, and are useful as a sintered magnet material.