We proposed a new measure to optimize the comprehensive magnetic properties of SmCo5 alloy. By compounding Fe-15Ni-3Al-1Ti (FNAT) alloy with high saturation magnetization and Sm(Co, Cu)5 matrix alloy in the liquid state, an innovative two-phase separation microstructure or cellular microstructure is formed after melt-spinning using the phase separation effect of the two alloys. At the same time, the element concentration, relative phase content, and microstructure are adjusted by adding different contents of FNAT alloy. The results show that FNAT addition promotes the as-spun ribbons phase separation (or spinodal decomposition) into Co-rich SmCo5- and Sm-Ni-rich CeCo5- or Sm2Co7-type phases. Adding 3 wt.% FNAT increases the coercivity, saturation magnetization, and remanence of the ribbons by 320.6 %, 39.8 %, and 82.8 %, respectively. Adding 5 wt.% FNAT promotes forming the Sm2(Co, M)7 cell-wall phase and increases the coercivity and remanence by 272.7 % and 48.1 %, respectively. Finally, the corresponding microstructure evolution models, magnetization, and demagnetization mechanisms are proposed.
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