“…Hexaferrites, particularly SrFe 12 O 19 , cover 80% of the volume of magnets sold every year, reaching an annual production of 800 kilotons. The main advantages offered by ferrites include availability, price, and environmental friendliness during both mining and production. , The intrinsic characteristics of hexaferrites make them a suitable green alternative to rare-earth-based magnets in a variety of applications, such as small electric motors, microwave devices, recording media, telecommunication, electric industry, and also in micro- and nanosystems, such as biomarkers, biodiagnostics, and biosensors. ,− Strontium hexaferrite is a ferrimagnetic material, with a moderate saturation magnetization of 75 A m 2 /kg compared with magnetite, Fe 3 O 4 , 95 A m 2 /kg. , However, the uniaxial magnetocrystalline anisotropy is tightly bound to its hexagonal c -axis and allows strontium hexaferrite to be an excellent candidate for permanent magnet applications …”