Intermetallic catalysts, including quasicrystals, are considered a sustainable alternative to noble metal-based catalysts in hydrogenation reactions. This study discusses the manufacturing and catalytic potential of an Al-Ni-Co quasicrystalline alloy. Energy-effective and simple catalyst production was provided by a melt-spinning process. The obtained ribbons, characterized in terms of microstructure, phase and chemical composition using X-ray diffraction, scanning and transmission microscopy methods, were composed of a decagonal quasicrystalline phase with traces of crystalline phases. The form of the melt-spun ribbons ensured easy application in the phenylacetylene hydrogenation reaction. The catalyst provided a substrate conversion of approximately 80% and a styrene selectivity of 54% after 1 h of reaction carried out under mild conditions. The repeatability of the reaction course was verified, with a maximum deviation of 10%. Moreover, the catalyst recovered after the reaction was evaluated in terms of its phase composition and surface changes. X-ray diffractograms confirmed the phase stability, however, the surface degradation and oxidation occurred. The catalytic activity after three months of catalyst storage is also discussed.
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