The purpose of the present work is a quantitative study of the spin time relaxation within superweak ferrimagnetic materials exhibiting a paramagnetic–ferrimagnetic transition, when the temperature is changed from an initial value T i to a final one T f very close to the critical temperature T c. From a magnetic point of view, the material under investigation is considered to be made of two strongly coupled paramagnetic sublattices of respective moments ϕ and ψ. Calculations are made within a Landau mean-field theory, whose free energy involves, in addition to quadratic and quartic terms in both moments ϕ and ψ, a lowest-order coupling – Cϕψ, where C<0 stands for the coupling constant measuring the interaction between the two sublattices. We first determine the time dependence of the shifts of the order parameters δϕ and δψ from the equilibrium state. We find that this time dependence is completely controlled by two kinds of relaxation times τ 1 and τ 2. The former is a long time and the second a short one, and they are associated, respectively, with long and local wavelength fluctuations. We find that, only the first relaxation time is relevant for physics, since it drives the system to undergo a phase transition. Spatial fluctuations are also taken into account. In this case, we find an explicit expression of the relaxation times, which are functions of temperature T, coupling constant C and wave vector q . We find that the critical mode is that given by the zero scattering-angle limit, i.e. q=0. Finally, we emphasize that the appearance of these two relaxation times is in good agreement with results reported in recent experimental work dealt with the Curie–Weiss paramagnet compound Li x Ni 2− x O 2, where the composition x is very close to 1.