Melt spinning of an Fe-5Y and Fe-1Y-1Ti (wt pct) alloy produced a relatively uniform spatial distribution of Y and Ti in solid solution and ribbons with consistent yield (>60 pct by weight), fast processing time (< 10 seconds), good scalability (up to > 100 g feedstock material), and repeatability. Heat treatment in the presence of Fe 2 O 3 as an oxygen source (Rhines pack method) at 973 K validated the potential of forming < 20 nm Y-rich oxides in the Fe-5Y ribbons. Pulverized Fe-1Y-1Y ribbons were consolidated to bulk using the field-assisted sintering technique (FAST) incorporating nano-sized Fe 3 O 4 powder as the oxygen source. After FAST at 1273 K, 50 MPa, and 30 minutes, a comparatively high number density of sub-micron Y and/or Ti-rich oxides were developed. Further formation of fine-scale oxides took place during post-FAST annealing, resulting in an approximate 20 pct increase in hardness at temperatures below 573 K, but with a reduced hardening effect above 673 K due to a small fraction of persistent porosity and mechanically weak prior ribbon boundaries that were decorated with Ti-rich oxides.