Abstract: An inert composite electrode, such as an anode, for molten salt electrolysis consists of an active part in the form of a plurality of bar-shaped active elements, in particular of ceramic oxide, which are arranged with their longitudinal axes mutually parallel and in mutually aligned groups, an electrode holder which comprises a current-conducting plate, with one main surface of which the active elements are in firm contact with their end surfaces, and a joining arrangement which joins the active elements together in groups and holds them in contact with the plate.