Nanocrystalline and amorphous Mg-Nd-Ni-Cu-based (Mg24Ni10Cu2)(100-x)Nd-x (x = 0-20) alloys were prepared by melt spinning and their structures as well as hydrogen storage characteristics were investigated. The analysis of XRD, TEM and SEM linked with EDS reveal that all the as-cast alloys hold a multiphase structure, containing Mg2Ni-type major phase as well as some secondary phases Mg6Ni, Nd5Mg41 and NdNi, whose amounts clearly grow with Nd content rising. Furthermore, the as-spun Nd-free alloy displays an entire nanocrystalline structure whereas the as-spun Nd-added alloys have a mixed structure of nanocrystalline and amorphous, moreover, the amorphization degree of the alloys visibly increases with Nd content rising, implying that the addition of Nd facilitates the glass forming in the Mg2Ni-type alloy. The addition of Nd results in a slight decrease in the hydrogen absorption capacity of the as-cast and spun alloys, but it significantly enhances their hydrogen storage kinetics and hydriding/dehydriding cycle stability of the alloy. In order to reveal the capacity degradation mechanism of the as-spun alloy, the structure evolution of the nanocrystalline and amorphous alloys during the hydriding-dehydriding cycles was investigated. It is found that the root causes of leading to the capacity degradation of the nanocrystalline and amorphous alloys are nanocrystalline coarsening, crystal defect decreasing and amorphous phase crystallizing. Copyright (C) 2013, Hydrogen Energy Publications, LLC. Published by Elsevier Ltd. All rights reserved.