Magnetic and magnetocaloric properties of R3Ni2 (R = Ho and Er) compounds have been investigated. Both Ho3Ni2 and Er3Ni2 compounds undergo two successive phase transitions: spin reorientation transition and second-order ferromagnetic-paramagnetic transition. The maximal values of magnetic entropy change are achieved to be 21.7 J kg−1 K−1 for Ho3Ni2 and 19.5 J kg−1 K−1 for Er3Ni2 for a field change of 0-5 T. A large refrigerant capacity (RC) of 496 J kg−1 in the composite material is also obtained. Large reversible magnetocaloric effect and RC indicate the potentiality of R3Ni2 (R = Ho and Er) compounds as candidates for low-temperature magnetic refrigerant.
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