SmFeN represents the latest family of permanent magnets developed to date. It is founded on the Samarium-Iron-Nitride (Sm2Fe17N3) intermetallic compound, independently discovered in the late 1980s by Michael Coey and Takahiko Iriyama. The compound meets all essential criteria for a permanent magnet, such as elevated saturation magnetization, substantial magnetocrystalline anisotropy field, and a high Curie temperature.
From the time of its discovery, it has been viewed as a promising option for creating high performance permanent magnets on par with Neodymium magnets. Nonetheless, a fully dense SmFeN magnet remains uncommercialized, despite over 35 years passing since the identification of the Sm2Fe17N3 intermetallic compound. The reason lies in Sm2Fe17N3‘s instability beyond approximately 500 degrees Celsius, which hinders bulk magnet fabrication through sintering or hot pressing of SmFeN powder. That said, compression-molded and injection-molded SmFeN magnets are currently in production.

