Abstract: | It is crucial to investigate the slow relaxation mechanisms of binuclear ErIII‐based single‐molecule magnets (SMMs) and explore strategies for optimizing their magnetic properties. Herein, a doped compound, Y1.75Er0.25(thd)4Pc] ? 2C6H6 ( YEr ? 2C6H6 , Hthd=2,2,6,6‐tetramethylheptanedione, H2Pc=phthalocyanine), was synthesized by doping the paramagnetic erbium(III) compound Er2 ? 2C6H6 in the diamagnetic yttrium(III) matrix Y2 ? 2C6H6 . The doping effect was studied using SQUID magnetization measurements. The results suggest that magnetic‐site dilution improves the magnetic property from a fast relaxation of the pure ErIII compound to a typical SMM relaxation process of the doped sample. In this binuclear system, the dominant single‐ion relaxation is entangled with the neighboring ErIII ion through the intramolecular ErIII???ErIII interaction, which plays an important role in suppressing the quantum tunneling of the magnetization (QTM) process. Furthermore, the influence of lattice solvents on single‐ion relaxation was studied. By releasing the benzene molecules, compound YEr ? 2C6H6 can be successfully transformed to a desolvated sample YEr accompanied by structural alteration and improved SMM performance. |