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Rare earth based intermetallics, SmScGe and NdScGe, are shown to exhibit nearzero net magnetization with substitutions of 6 to 9 atomic percent of Nd and 25atomic percent of Gd, respectively. The notion of magnetic compensation in themis also elucidated by the crossover of zero magnetization axis at low magneticfields (less than 103 Oe) and field-induced reversal in the orientation of themagnetic moments of the dissimilar rare earth ions at higher magnetic fields.These magnetically ordered materials with no net magnetization and appreciableconduction electron polarization display an attribute of an exchange biasfield, which can be tuned. The attractively high magnetic ordering temperaturesof about 270 K, underscore the importance of these materials for potentialapplications in spintronics.

New Samarium and Neodymium based admixed ferromagnets with near zero net magnetization and tunable exchange bias field