Abstract: Disclosed is a hard alloy with high hardness, high abrasion resistance, high corrosion resistance and high rigidity, which is excellent in performance in use for tools. The hard alloy contains more than 80% by weight of WC with less than 2 .mu.m of average particle size, more than 0.2% by weight and less than 2% by weight of Co and the remaining part of one or more metals, carbides, nitrides and carbonitrides of the metals in the IVa, Va and VIa families in the periodic table, such as 2.0 to 7.0% by weight of one or more of Mo and Mo.sub.2 C, and the alloy contains Co.sub.x W.sub.y C.sub.z in the sintered product. By the addition of Mo or Mo.sub.2 C and VC the growth of particles in the hard phase is inhibited and at the same time the wettability of WC--Co is increased.