Abstract: The invention relates to the production of inorganic fibers comprising a metal oxide phase and a finely divided disperse phase distributed throughout the oxide phase, the disperse phase constituting about 0.5 to 50% by weight of the fiber. The process involves preferably dry spinning a solution in water or an organic solvent of fiber forming components which, when heated to temperature of from 500.degree. to 1600.degree. C either in an inert or in a reactive atmosphere, form at least two phases with a miscibility gap, of which one phase is an oxide phase containing the other phase in very finely disperse form. Preferably, the solution contains a metal salt, the anion of which contains carbon so that upon heating there is formed an oxide phase comprising the oxide of said metal having carbon dispersed therein; if carbon is not in the anion, its precursor may be an organic compound, such as a polymer, present in the solution.