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First-principles calculations of fundamental magnetic properties were performed for ordered MnBi, MnBi-Co, and MnBi-Co-Fe alloys to evaluate maximum energy product (BH)max. Full potential linear-augmented plane wave (FLAPW) and linear-muffin-tin-orbital (LMTO) calculations using density functional theory (DFT) within the local spin density approximation (LSDA) were used and found to give a reasonable description of saturation magnetization (Ms), effective anisotropy constant (Keff), and Curie temperature (Tc) for NiAs-structured MnBi crystal. We found that upon addition of Co, the Ms and Keff increased, while Tc reduced. The magnetic anisotropy changed from weak anisotropy easy plane for MnBi to the strong easy axis anisotropy for MnBi-Co and MnBi-Co-Fe

Magnetic properties of MnBi based alloys: First-principles calculations for MnBi-Co and MnBi-Co-Fe cases