Much effort has been expended in the search for new lithium-containing anode materials. Alloy anodes based on tin are known for their high specific capacity and safety characteristics. The theoretical specific capacities of alloy anodes are 2–10 times that of graphite. The second merit of alloy anodes is their moderate operation potential versus lithium. For example, Sn anodes have an onset-voltage potential of 0.6 V above that of Li/Li+. This moderate potential averts the danger of lithium deposition which is present in the case of graphite anodes (∼0.05 V vs. Li). This study is directed to the synthesis and characterization of nanotin powders supported by multiwall carbon nanotubes (MWCNT). Modified electroless deposition (ELD) was used for the preparation of high-surface area tin-alloy nanosized anodes. In this work, it was found that the use of nanoparticles of tin deposited on multiwall carbon nanotubes, enables prolonged cycling of a tin-composite anode in a lithium-ion battery.