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Two Gd III Fe III 4 metallacrown complexes are presented and analyzed for their magnetic properties. One of these species is newly identified and exhibits a bent ring geometry as opposed to the more conventional flatter conformation of the other. Both complexes are quite similar magnetically, exhibiting antiferromagnetic exchange coupling values ca . J (Fe III –N–O–Fe III ) = −7 cm −1 and J (Gd III –O–Fe III ) = −0.7 cm −1 . When analyzed for the molecular magnetocaloric effect, maximum −Δ S m values of 7.3 J K −1 kg −1 at 3 K and at 6.1 J K −1 kg −1 at 4 K were exhibited. A detailed structural-magnetic correlation is established and an assessment of several similar magnetic metallacrowns with diverse metal combinations is given with regards to their potential magnetocaloric properties. Strategies for improving the magnetocaloric properties within the Metaln + FeIII4 family of metallacrowns are proposed regarding the ratio between coupling parameters J (Fe III –N–O–Fe III )/ J (Metal n+ –O–Fe III ). 

Abstract Seven dimeric metallacrowns (MC) based on Ln[12‐MC_M(III)N(shi)‐4], where Ln^III=Dy, Ho, Yb, or Y, M^III=Mn or Ga, and shi³⁻is salicylhydroximate, have been synthesized and characterized by single‐crystal X‐ray diffraction, and for the dysprosium‐manganese dimers, the magnetic properties have been measured. In each dimer two Ln[12‐MC_M(III)N(shi)‐4] units are linked by four bridging dicarboxylate anions (isophthalate, trimesate, dinicotinate, or 2,2′‐dithiodibenzoate). Three different countercations (sodium, gallium(III), or pyridinium) were used to maintain charge balance of the dimer. While pyridinium does not bind to the dimer, the choice of the dicarboxylate dictates where the countercations Na⁺or Ga^IIIbind. With isophthalate and trimesate, the sodium ion binds to the central MC cavity opposite of the Ln^III, and with dinicotinate the sodium or gallium(III) ions bind to the pyridyl nitrogen of the dinicotinate. All three Dy₂Mn₈dimers exhibit an out‐of‐phase magnetic susceptibility signal consistent with a shallow barrier to magnetization relaxation.