A method of preparing a metal alloy product from a powder blend. The method comprising: (a) cold pressing a blend to form a compact, the metal blend comprising a metal powder phase and at least one reinforcement phase having a hardness greater than the metal phase; (b) heating the compact to form a preheated compact; and (c) hot working the heated compact. In a preferred method, the powder metal blend comprises 50 to 90 vol. % of an aluminum alloy powder and 10 to 50 vol. % of silicon carbide; the heating of the compact perforated in a nitrogen atmosphere to form a preheated compact; and the extruded hot compact is hot worked. Hot working may take the form of forging, rolling, upset forging, exuding, compacting or other processes known in the art.