The thermodynamics of the oxidation of HfB 2 at temperatures of 1000, 1500, 2000, and 2500 K have been studied using volatility diagrams. Both the equilibrium oxygen partial pressure (P O 2 ) for the HfB 2 (s) to HfO 2 (s) plus B 2 O 3 (l) and the partial pressures of B-O vapor species formed due to B 2 O 3 (l) volatilization increase with increasing temperature. Vapor pressures of the predominant gaseous species also increase with P O 2 . At 1000 K, the predominant vapor transition sequence is predicted be BO(g) fi B 2 O 2 (g) fi B 2 O 3 (g) fi BO 2 (g) with increasing P O 2 , and the predominant gas is BO 2 (g) with a pressure of 1.27310 26 Pa under the condition of P O 2 = 20 kPa. At higher temperatures of 1500, 2000, and 2500 K, the system undergoes vapor transitions in the same sequence of B(g) fi BO(g) fi B 2 O 2 (g) fi B 2 O 3 (g) fi BO 2 (g). Under the same condition of P O 2 = 20 kPa, the predominant vapor species is B 2 O 3 (g) with pressures of 2.38, 4.49310 3 , and 3.55310 5 Pa, respectively. Volatilization of B 2 O 3 (l) may produce porous HfO 2 scale, which is consistent with the experimental observations of HfB 2 oxidation in air. The present volatility diagram of HfB 2 shows that HfB 2 exhibits oxidation behavior similar to ZrB 2 , and factors other than volatility of gaseous species affect the oxidation rate.