Nanocomposite magnet

1. A nanocomposite magnet having a composition represented by the general formula: (Fe 1-m T m ) 100-x-y-z-n Q x R y Ti z M n , where T is at least one element selected from the group consisting of Co and Ni; Q is at least one element selected from the group consisting of B and C; R is at least one rare earth element that always includes at least one of Nd and Pr and optionally includes Dy and/or Tb, wherein R includes La only in an amount due to inevitable impurities; and M is at least one element selected from the group consisting of Al, Si, V, Cr, Mn, Cu, Zn, Ga, Zr, Nb, Mo, Ag, Hf, Ta, W, Pt, Au and Pb, the mole fractions x, y, z, m and n satisfying the inequalities of:

10 at %<x≦20 at %;

6 at %≦y<10 at %;

0.5 at %≦z≦12 at %;

0≦m≦0.5; and

0 at %≦n≦10 at %, respectively,

wherein the nanocomposite magnet:

has an oxygen content of about 20 ppm to about 1,500 ppm by mass;

has a nitrogen content of about 10 ppm to about 400 ppm by mass;

comprises at least two ferromagnetic crystalline phases including a hard magnetic phase including an R 2 Fe 14 B phase and a soft magnetic phase, wherein the volume percentage of the hard magnetic phase is 60 vol. % or more, and the soft magnetic phase is distributed on the grain boundaries of the hard magnetic phase; and

exhibits hard magnetic properties including a remanence B r of at least about 0.7 T and a coercivity H cJ of at least about 480 kA/m.

2. The nanocomposite magnet of claim 1 , wherein the hard magnetic phase has an average grain size of about 5 nm to about 200 nm; and the soft magnetic phase has an average grain size of about 1 nm to about 50 nm.

3. The nanocomposite magnet of claim 1 , wherein the nanocomposite magnet has an oxygen content of at most about 700 ppm by mass.

4. The nanocomposite magnet of claim 1 , wherein the nanocomposite magnet exhibits hard magnetic properties including a remanence B r of at least about 0.8 T and a coercivity H cJ of at least about 550 kA/m.