A cermet composition having high temperature oxidation resistance, and high abrasion and erosion resistance, high strength and resistance to thermal shock, comprising a sintered body consisting essentially of metal particles selected from the group consisting of molybdenum, tungsten, tantalum and niobium particles, coated with and dispersed in a solid solution of silicon nitride, aluminum nitride and an oxide selected from the group consisting of aluminum oxide, yttrium oxide and chromium oxide, and mixtures thereof, in molar proportions defined by the area bounded by points A, B, C and D on the ternary diagram in the accompanying drawing, said cermet composition having good adhesion to substrates of a metal as defined above.