Multielement rare earth (R)–transition metal (T) intermetallics are arguably the next generation of high-performance permanent magnetic materials for future applications in energy-saving and renewable energy technologies. Pseudobinary Sm
2
Fe
17
N
3
and (R,Zr)(Fe,Co,Ti)
12
(R = Nd, Sm) compounds have the highest potential to meet current demands for rare-earth-element-lean permanent magnets (PMs) with ultra-large energy product and operating temperatures up to 200°C. However, the synthesis of these materials, especially in the mesoscopic scale for maximizing the maximum energy product (
), remains a great challenge. Nonequilibrium processes are apparently used to overcome the phase-stabilization challenge in preparing the R–T intermetallics but have limited control of the material’s microstructure. More radical bottom-up nanoparticle approaches based on chemical synthesis have also been explored, owing to their potential to achieve the desired composition, structure, size, and shape. While a great achievement has been made for the Sm
2
Fe
17
N
3
, progress in the synthesis of (R,Zr)(Fe,Co,Ti)
12
magnetic mesoscopic particles (MMPs) and R–T/T exchange-coupled nanocomposites (NCMs) with substantial coercivity (
) and remanence (
, respectively, remains marginal.