Molded amorphous metal electrical magnetic components

An electrical magnetic component comprising a magnetic metal which is at least 50% amorphous characterized by compacted discontinuous substantially oblate spheroidal flakes having a thickness between about 0.0005" and about 0.002", a length between about 0.01" and about 1", and a width between about 0.01" and about 1", wherein the metal has the composition represented by the formula,

• A.sub.x X.sub.y,
• with A being one or more of Fe, Co, Ni, Mo, W, Cr, and V;
• Z being one or more of Si, C, B, P, Al, Sn, Sb, Ge, In, and Be;
• x being an atomic percentage of from 70-90, and y being an atomic percentage of from 30-10, said flakes being aligned in the direction of magnetic flux to reduce eddy current losses.