Powder for magnet

A powder compact produced by compacting the powder for a magnet, comprising:

• each of magnetic particles constituting the powder for the magnet being composed of less than 40% by volume of a hydrogen compound of a rare earth element, an iron-containing material, and the balance composed of unavoidable impurities, wherein:
• said hydrogen compound of the rare earth element consists of the rare earth element and hydrogen;
• the iron-containing material consists of iron and an iron-boron alloy consisting of iron and boron;
• a phase of the hydrogen compound of the rare earth element and a phase of the iron-containing material are present adjacent to each other;
• the distance between the phases of the rare earth element hydrogen compound adjacent to each other with the phase of the iron-containing material interposed therebetween is 3 μm or less;
• the relative density of the powder compact is 85% or more;
• and
• the phase of the hydrogen compound is granular, and the granular hydrogen compound of a rare earth element is dispersed in the phase of the iron-containing material.