The process to manufacture composite material Ag-Cu-C with multimillion-fibrous structure has been investigated by indirect reapated extrusion-drawing method. The results show that, with increasing the number of extrusion, the extrusion coefficient and specific resistance increase, but ultimate tensile strength and elongation at room temperature decrease. A composite wire, which consists of 1067857 homogeneous distributed fibres of Ag, Cu and C, arranged at intervals has been prepared.