A precision molded refractory article, which can have an intricate geometry with fine surface detail, such as an electrical discharge machining electrode, is made by molding in a flexible mold a plastic mixture of multi-modal refractory powders and a thermoplastic binder to form a green article of predetermined shape and dimensions, heating the green article to remove said binder and consolidate the refractory powders with very minimum shrinkage of the article, infiltrating the resulting porous article or skeleton with a molten infiltrant of a low melting point metal or alloy, and cooling the infiltrated skeleton, thereby forming a precision refractory article having a uniform high density, a useful working surface free of machined or otherwise disturbed metal, and a shape and dimensions precisely conforming to said green article.