Yttrium-Nickel alloy is primarily utilized in the field of hydrogen storage and hydrogen purification systems. Its unique ability to absorb and release hydrogen efficiently makes it a valuable component in fuel cell technology and energy storage solutions. Additionally, this alloy is employed in the production of high-performance magnets, particularly in applications requiring materials with specific magnetic properties. It also finds use in aerospace and defense industries for manufacturing components that demand high strength and resistance to extreme conditions. Furthermore, Yttrium-Nickel alloy is explored in catalysis, especially in chemical reactions where its properties can enhance efficiency and selectivity.