Abstract
The interplay between covalency and magnetism is non-trivial and can be harnessed for designing new functional magnetic materials. Based on a survey using density functional calculations, we show that $TM\unicode{x2013}O$ bond covalency can increase the total magnetic moment of spinel compounds of composition () which are isomorphic to the much-researched magnetite. Accordingly, was found to exhibit the highest magnetic moment of 7.809 per formula unit which is approximately twice that of with predicted to be well above ambient. We further propose a practical method for synthesising .
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