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A novel composite anode material consisting of K(2) NiF(4) -type structured Pr(0.8) Sr(1.2) (Co,Fe)(0.8) Nb(0.2) O(4+δ) (K-PSCFN) matrix with homogenously dispersed nano-sized Co-Fe alloy (CFA) has been obtained by annealing perovskite Pr(0.4) Sr(0.6) Co(0.2) Fe(0.7) Nb(0.1) O(3-δ) (P-PSCFN) in H(2) at 900 °C. The K-PSCFN-CFA composite anode is redox-reversible and has demonstrated similar catalytic activity to Ni-based cermet anode, excellent sulfur tolerance, remarkable coking resistance and robust redox cyclability.