We investigate the possibility of preparing left-handed materials in metallic magnetic granular composites. Based on the effective medium approximation, we show that by incorporating metallic magnetic nanoparticles into an appropriate insulating matrix and controlling the directions of magnetization of metallic magnetic components and their volume fraction, it may be possible to prepare a composite medium of low eddy current loss that is left-handed for electromagnetic waves propagating in some special direction and polarization in a frequency region near the ferromagnetic resonance frequency. This composite may be easier to make on an industrial scale. In addition, its physical properties may be easily tuned by rotating the magnetization locally.

• Received 13 August 2001

DOI:https://doi.org/10.1103/PhysRevB.65.144407