Abstract

Magnetic tunnel junctions with a barrier of magnesium oxide were prepared by plasma oxidation of sputter-deposited magnesium. They show magnetoresistance ratios up to 4.5% at room temperature and 5.5% at low temperatures for barrier thickness of 1.6 nm. The material exhibits low barrier heights of around 0.7 eV. These junctions follows the predictions of the free electron model which contrast with the predictions of band structure calculations and experimental results on epitaxial MgO based tunnel junctions.

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