(57) Amorphous metal alloy powders are synthesized by solid state decomposition reactions. At least one precursor compound is thermally decomposed at a temperature below the crystallization temperature of the amorphous metal alloy to be formed. The decomposition product comprises an intimate mixture of the elements of the alloy and, after heat-treating if necessary, exhibits amorphous characteristics. Amorphous metal alloy shapes are synthesized by providing an intimate mixture of the components of the amorphous alloy, which mixture includes at least one ductile component. The mixture may be subjected to well-known forming techniques at a temperature below the crystallization temperature of the amorphous metal alloy to be formed. The ductile component of the mixture acts as a binder matrix to provide strength and uniform properties to the formed object.