The application relates to a high-
cobalt rare earth permanent
magnet material and a preparation method thereof, and belongs to the technical field of
rare earth permanent
magnet materials. The high-
cobalt rare earth permanent
magnet material comprises the following components in percentage by
mass: RE a Co b M c TM e Fe 100‑a‑b‑c‑d B d , 28<=a<=35, 15<=b<=30, 0.5<=c<=1.2, 0.95<=d<=1.2, 0.2<=e<=3; RE is one or a combination of Pr, Nd, La, Ce, Y, Gd, Tb, Dy and Ho; M is one or a combination of Cu and Al; TM is one or a combination of Cr, Nb, Zr, Ga, Ti, Zn, V, Mo and Mn; the
microstructure comprises a main phase and a
grain boundary phase, the Co-rich phase in the
grain boundary phase accounts for less than or equal to 5% of the total
volume fraction of the
grain boundary phase; and the Co:M
mass percentage in the Co-rich phase is 5:1-100:1. The
microstructure of the magnet can be optimized, and the
coercivity of the magnet is improved.