Ce-Fe-Co-B is a promising system for permanent magnets. A high-throughput screening method combining diffusion couples, key alloys, Scanning Electron Microscope/Wavelength Dispersive X-ray Spectroscope (SEM/WDS), and Magnetic Force Microscope (MFM) is used in this research to understand the phase equilibria and to explore promising magnetic phases in this system. Three magnetic phases were detected and their homogeneity ranges were determined at 900 °C, which were presented by the formulae: Ce
2Fe
14−xCo
xB (0 ≤
x ≤ 4.76), CeCo
4−xFe
xB (0 ≤
x ≤ 3.18), and Ce
3Co
11−x Fe
xB
4 (0 ≤
x ≤ 6.66). The phase relations among the magnetic phases in this system have been studied. Ce
2(Fe, Co)
14B appears to have stronger magnetization than Ce(Co, Fe)
4B and Ce
3(Co, Fe)
11B
4 from MFM analysis when comparing the magnetic interactions of selected key alloys. Also, a non-magnetic CeCo
12−xFe
xB
6 (0 ≤
x ≤ 8.74) phase was detected in this system. A boron-rich solid solution with Ce
13Fe
xCo
yB
45 (32 ≤
x ≤ 39, 3 ≤
y ≤ 10) chemical composition was also observed. However, the crystal structure of this phase could not be found in the literature. Moreover, ternary solid solutions ε
1 (Ce
2Fe
17−xCo
x (0 ≤
x ≤ 12.35)) and ε
2 (Ce
2Co
17−xFe
x (0 ≤
x ≤ 3.57)) were found to form between Ce
2Fe
17 and Ce
2Co
17 in the Ce-Fe-Co ternary system at 900 °C.
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