RARE EARTH MAGNETIC MATERIALS AND METHODS THEREOF

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A magnetic material is provided, which is represented by the general formula of : Ra-x-yHoxDyy Fe1-a-b-c-d Cod McBb, where x, y, a, b, c, and d are weight percentages of related elements and in respective ranges of : about 28%≦a≦about 34%, about 0.95%≦b≦about 1.3%, about 0≦c≦about 1.5%, about 1%≦d≦about 10%, about 15%≦x≦about 20%, about 3%≦y≦about 8%. R is a rare earth element, which is selected from the group consisting of : Nd, Pr, La, Ce, Gd, Tb, and combinations thereof. M is a metal selected from the group consisting of : Al, Cu, Ti, V, Cr, Zr, Hf, Mn, Nb, Sn, Mo, Ga, Si, and combinations thereof.