The present invention discloses an R-T-B type
neodymium iron
boron magnet and a preparation method thereof. By
mass ratio of 100%, the
magnet comprises the following components: 27.0 - 35.0 wt% of R, where R is at least one
rare earth element including Nd; 0.80 - 0.93 wt% of B; 0.1 - 0.50 wt% of Cu; 0.2 - 0.5 wt% of Ga; 0 - 0.5 wt% of M, where M is at least one of Zr and Ti, and the sum of the contents of Cu, Ga and M is greater than 0.9 times the content of B; 0.1 - 1.5 wt% of Al; the balance is Fe, Co and inevitable impurities, and Fe accounts for more than 95 wt% of the total content of Fe, Co and impurities. In this application, by adjusting the proportions of the elements of R, Cu, Ga and M, and the sum of the contents of Cu, Ga and M is greater than 0.9 times the content of B, before the
alloy cast sheet is made into
powder, the
alloy cast sheet is subjected to heat preservation treatment at 750 ± 50 °C, which can, on the premise of ensuring 90 vol% of the main phase, form an R-Ga-Cu-M phase with a
volume fraction of more than 40 vol% at the grain boundaries of the
magnet, and at the same time, to a certain extent, reduce the existence of the R-T-Ga phase, avoiding the reduction of Hcj of the magnet due to the excessive R-T-Ga phase.