Concept:
The word cermet is formed by combining two words:
\[
\text{Ceramic}+\text{Metal}
\]
Step 1: Cermets contain ceramic particles and a metallic phase.
Step 2: The ceramic phase provides hardness, wear resistance, and high-temperature resistance.
Step 3: The metallic phase provides toughness, ductility, and better thermal shock resistance.
Step 4: Therefore, cermets are composite materials made from:
\[
\text{Ceramics and metal}
\]
Hence, the correct answer is:
\[
\boxed{\text{Ceramics \& metal}}
\]