Abstract
On the basis of ab initio total energy calculations made with the screened Korringa-Kohn-Rostoker method we discuss the possibility of the formation of noncollinear magnetic structures near the FeO layer in the FeFeOMgOFe tunnel junction. It was shown that the competition between the intrinsic antiferromagnetism of iron oxide and ferromagnetism of pure iron can result in the stabilization of a tilted noncollinear configuration at the interface. We used the Landauer-Büttiker approach modified for noncollinear magnetic structures in order to calculate the ballistic conductance of the junction in the tunneling regime. The conductance has a nonsinusoidal orientation dependence and varies by a maximum of 200%.