Ni11As8 crystallites 23-nm thick and 250−700-nm wide in lateral dimension were prepared in alkaline hydrothermal
condition. Transmission electron microscope (TEM) images and selected area electron diffraction (SAED) analyses
showed that the as-prepared Ni11As8 was single-crystalline nanosheets of [331] orientation. The Ni11As8 exhibited
an optical absorption onset of 3.00 eV in the visible spectral regime. Its magnetic measurement indicated a weak
magnetic hysteresis and unsaturation magnetization with a magnetic susceptibility of 1.37 × 10-4 cm3/g (at 15
kOe) at room temperature, the origin of which was discussed and assigned to the effect of surface species containing
Ni ions. The extended Hückel tight-binding calculation revealed that bulk Ni11As8 has a 3d-localized narrow band
below Fermi level and complicated band structure with small band gap in the first Brillouin zone, which supply
clues to explain the observed optical and magnetic properties. The formation mechanism of Ni11As8 was studied
and attributed to an alkaline hydrothermal redox route on the basis of the Marsh reaction