Gram scale Fe100−xCox alloy nanoparticles with an average particle size of about 30 nm were synthesized in an inert atmosphere using a modified polyol process. The x-ray diffraction pattern clearly shows the formation of Fe100−xCox alloy nanoparticles. Electron microscopy studies depict the cubic morphology for the Fe57Co43 nanoparticles and nearly hexagonal shape for the Co66Fe34 alloy nanoparticles. The magnetic moment of Fe57Co43 nanoparticles that were synthesized in gram scale, were in the range of 21–21.5 kG (±0.5 kG) at room temperature and the Co66Fe34 nanoparticles were in the range 17.5–18 kG (±0.5 kG). Both samples had the intrinsic coercivity in the range of 150–165 Oe. The as-synthesized nanoparticles were used to fabricate the nanocomposite magnet by the hot press method. The composite demonstrated an exchange-coupled effect with a 15% enhancement of magnetic moment and remanence with a 2% addition of Fe57Co43 nanoparticles.
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