Boron (B) is a highly energetic material with desired applications in solid fuels, aerospace, and the military. However, the energy output is much lower than their theoretical energy density because a substantial fraction of their mass is already oxidized as a native oxide on the surface. The oxide layer represents the dead weight that decreases the gravimetric energy density of the material and acts as a diffusion barrier that hinders oxidation. In this study, we use the combination of thermite and plasma chemistry to extract the maximum chemical energy from B particles and minimize the effects of the oxide barrier. We synthesized Al boride by experimentally optimizing time and temperature conditions with respect to the oxidation heat release in differential scanning calorimetry. The formation of Al boride by self-propagating high-temperature synthesis reactions (SHS) is confirmed by scanning transmission electron microscopy/energy dispersive spectroscopy, X-ray diffraction, and X-ray photoelectron spectroscopy. Plasmaenhanced chemical vapor deposition of the perfluoro compound on the surface of synthesized Al boride forms uniform coatings on its surface, as suggested by high-resolution transmission electron microscopy. X-ray photoelectron spectroscopy analyzes their composition, and their optimum thickness is identified by characterizing Al boride with different coating thicknesses. The presence of Al in these particles helps to minimize the kinetic barrier by reducing B oxide into metallic B through an exothermic thermite reaction. Plasma coating triggers exothermic fluorination reactions on the surface, facilitating intimate contact between B and the oxidizer, leading to more efficient oxidation and higher heat release. Synthesized Al boride releases 37.5 kJ/g of heat in differential scanning calorimetry (DSC), 44% higher than its parent Al/B mechanical mixture (26 kJ/g). After coating Al boride with a perfluoro-based plasma film, it releases 39 kJ/g of heat in DSC, 50% higher than the parent Al/B mechanical mixture. Hence, the synthesized and coated Al boride demonstrates an overall 50% higher oxidation heat release than the parent Al/B mechanical mixture due to the synergistic effects of thermite and plasma chemistry.