The invention discloses a commercial
rare earth permanent
magnet produced from high-abundance
rare earth and a preparing method of the commercial
rare earth permanent
magnet. The commercial rare earth permanent
magnet comprises a main phase and a
grain boundary modification phase, wherein the main phase comprises low H (RE100-aMMa)-Fe-B
alloy and high H Nd-Fe-B
alloy. According to the commercial rare earth permanent magnet, two kinds of main
alloy is adopted, the ingredients of the magnet are controlled, a stable 2:14:1 phase is formed by the high-abundance rare earth, and decomposing will not happen in the
sintering process; the
Cu element high in
electrode potential is added into the
grain boundary modification phase, the
corrosion resistance of the magnet is improved, and meanwhile the
microstructure of the magnet can be optimized by the
grain boundary modification phase. According to the method, the two main alloy method is combined with the grain boundary modification technology, the advantages of both the two main alloy method and the grain boundary modification technology are achieved simultaneously, the problems that because of addition of the high-abundance rare earth, the
corrosion resistance, the residual
magnetism and the
magnetic energy product of the magnet are reduced are solved, and the prepared rare earth permanent magnet meets the application requirements of commercial magnets.