The Laves phase compound, YCo2, is a well-known exchange-enahnced Pauli paramagnet. We report here that, in the nanocrystalline form, this compound interestingly is an itinerant ferromagnet at room temperature with a low coercive-field. The magnitude
of the saturation moment (about 1 Bohr-magneton per formula unit) is large enough to infer that the ferromagnetism is not a surface phenomenon in these nanocrystallites. Since these ferromagnetic nanocrystallines are easy to synthesize with a stable form in air, one can explore applications, particularly where hysteresis is a disadvantage.
