The application relates to the technical field of magnetic functional materials, in particular to a light
rare earth Pr-based ultrahigh magnetostrictive material and a preparation method thereof. The material is prepared from the following raw materials in parts by weight: 20-35 parts of
praseodymium-
neodymium mixed
rare earth metal, 60-75 parts of pure iron, 3-8 parts of
metal cobalt, 0.5-2 parts of
metal niobium, 0.1-0.5 parts of additive A and 0.5-2 parts of additive B. The additive A is enriched at the grain boundaries, hinders the coarsening of the grains in the
processing process, thereby obtaining
fine grain structures, and provides an optimized
microstructure basis for the magnetostrictive performance. Meanwhile, the additive B is used to improve the bonding state between the
rare earth phase and the ferromagnetic matrix, and promotes the directional rotation process of the magnetic domains under the external
magnetic field. The effects are combined with the inherent strong magnetic
crystal anisotropy of the Pr element and the specific
hydrogen crushing and
magnetic field orientation hot-pressing process, and the magnetostrictive strain and driving capacity of the material are synergistically enhanced.