Abstract: The present invention relates to conductive multicomponent multiphase metal alloy. The metal alloy has the following (in atom-%):Ni, in a total amount of 35-70; wherein the remaining 30-65 comprises at least three elements selected from the list consisting of Sn, Nb, Ta, B, Cr, Ce, Fe, La, Nd, Sm, Gd, Ti, Zr, Mn, Hf, Si, P, Al, Y and V in a total amount of at least 30. The metal alloy comprises at least three distinct crystalline phases, at least one phase being an intermetallic phase. The present invention also relates to an electrode material comprising said alloy, to a method for forming a coating on said alloy, and to a method for manufacturing said alloy.