A metal-based matrix is usually used for the fabrication of diamond bits in order to achieve favorable properties and easy processing. In the effort to reduce the cost and to attain the desired bit properties, researchers have brought more attention to diamond composites. In this paper, Fe-based impregnated diamond composites for drill bits were fabricated by using a pressureless infiltration sintering method at 970 °C for 5 min. In addition, boron was introduced into Fe-based diamond composites. The influence of boron on the density, hardness, bending strength, grinding ratio, and microstructure was investigated. An Fe-based diamond composite with 1 wt % B has an optimal overall performance, the grinding ratio especially improving by 80%. After comparing with tungsten carbide (WC)-based diamond composites with and without 1 wt % B, results showed that the Fe-based diamond composite with 1 wt % B exhibits higher bending strength and wear resistance, being satisfactory to bit needs.

Metal matrix-impregnated diamond composites are widely used in diamond tool manufacturing. In order to satisfy the increasing engineering requirements, researchers have paid more and more attention to enhancing conventional metal matrices by applying novel methods. In this work, ZrO₂ nanoparticles were introduced into the WC–bronze matrix with and without diamond grits via hot pressing to improve the performance of conventional diamond composites. The effects of ZrO₂ nanoparticles on the microstructure, density, hardness, bending strength, and wear resistance of diamond composites were investigated. The results indicated that the hardness and relative density increased, while the bending strength decreased when the content of ZrO₂ nanoparticles increased. The grinding ratio of diamond composites increased significantly by 60% as a result of nano-ZrO₂ addition. The enhancement mechanism was discussed. Diamond composites showed the best overall properties with the addition of 1 wt % ZrO₂ nanoparticles, thus paving the way for further applications.