The invention relates to an electrode material, preferably an inert anode material comprising at least a metal core and a cermet material, characterized in that: said metal core contains at least one nickel (Ni) and iron (Fe) alloy, said cermet material comprises at least as percentages by weight: 45 to 80% of a nickel ferrite oxide phase (2) of composition NixFeyMzO4 with 0.60 ≦x≦0.90; 1.90≦y≦2.40; 0.00≦z≦0.20 and M being a metal selected from aluminum (Al), cobalt (Co), chromium (Cr), manganese (Mn), titanium (Ti), zirconium (Zr), tin (Sn), vanadium (V), niobium (Nb), tantalum (Ta) and hafnium (Hf) or being a combination of these metals, 15 to 45% of a metallic phase (1) comprising at least one alloy of nickel and copper.