Simultaneous additions of Co and Mo or V, respectively, to Nd-Dy-Fe-Al-B alloys improve the temperature stability of sintered magnets. The intrinsic coercivity at 150 ºC amounts to 9 kA/cm for magnets with a Dy-content of 3 at.%. Hence magnets with a load line, B/μoH=−2, may be operated at temperatures up to 200 ºC. The additions of Mo or of V result in the precipitation of a tetragonal Mo2FeB2 compound, a=0.58 nm, c=0.32 nm, or of a tetragonal V3–xFexB2 compound, x=0.2...1.2, within the (Nd, Dy)2(Fe, Co, A1)14B grains. The dimensions of the precipitates range from 10 to 600 nm. Besides Mo2FeB2- or V3–xFex+B2-grains, respectively, with dimensions up to 10 μm were observed within the Nd-rich constituents. The intrinsic coercivity, however, is determined by nucleation of reversed domains. The addition of Co results in a partial replacement of the Nd-Fe solid solution by the Nd3Co compound. Corrosion tests revealed, that the corrosion behaviour is not improved significantly and depends much more on the surface treatment.