A two-stage pressure-and-temperature treatment of the C 60 and C 70 fullerites was carried out. C 60 and C 70 molecules collapsed at the first-stage hot isostatic pressing (220 MPa, argon) and transformed into some fullerene-related form in the 900-1750 O C temperature range. These materials were used at the second stage of the high-pressure-high-temperature (7.7 GPa/1400 O C) treatment to produce the bulk samples that had: a specific weight of about 2.0 g/cm 3 , 40110 GPa Young modulus, 6.012.5 GPa hardness, and elastic recovery above 81 %.Transformations under the treatments were investigated with the X-ray and transmission electron microscopy techniques. The mechanism of the pressure-andtemperature transformations is discussed.Keywords bulk, nanostructured, carbon, hot isostatic pressing (HIP), high pressure high temperature (HPHT)