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Electronic Structure Reconstruction across the Antiferromagnetic Transition in TaFe$_{1.23}$Te$_3$ Spin Ladder

With angle-resolved photoemission spectroscopy, we studied the electronic structure of TaFe$_{1.23}$Te$_3$, which is a two-leg spin ladder compound with a novel antiferromagnetic ground state. Quasi-two-dimensional Fermi surface is observed, indicating sizable inter-ladder hopping, which would facilitate the in-plane ferromagnetic ordering through double exchange interactions. Moreover, an energy gap is not observed at the Fermi surface in the antiferromagnetic state. Instead, the shifts of various bands have been observed. Combining these observations with density-functional-theory calculations, we propose that the large scale reconstruction of the electronic structure, caused by the interactions between the coexisting itinerant electrons and local moments, is most likely the driving force behind the magnetic transition. TaFe$_{1.23}$Te$_3$ thus provides a simpler system that contains similar ingredients as the parent compounds of iron-based superconductors, which yet could be readily modeled and understood.