here's my 2ยข
ferrite cores are used when high frequencies are involved because…
a. you want the high permeability and magnetic flux density for power transfer otherwise you'd be air-core
b. you want low hysteresis for the quick reversals of the magnetic field
it's always a trade-off between permeability and low hysteresis
c. you want electrically isolated small particles to reduce eddy current losses
I would suggest experimenting with ferric /ferrous oxides and silicates as fine powders mixed with epoxy resins.
the reason I say use some form of binder is the one thing you must avoid is allowing any part of the core material the ability to move because it will and violently. the number of transformers I've seen that were unusable because of loose core material or a cracked core is not zero. loose core material causes noise at the very least. the commercial high frequency cores I've seen have all been sintered, that is to say made using heat and pressure and molded into a solid monolithic piece.
best of luck with your project