The aim of the present paper is to review the recent progress in the synthesis of in situ particle reinforced aluminum composites using thermal, mechanical and combined mechanical-thermal activation of aluminothermic reduction reactions. The combination of combustion synthesis (CS) and mechanosynthesis (MS) is the most recent development in the processing of advanced materials like micro and nano aluminum based composites. The combined mechanical thermal synthesis (MTS) has widened the possibilities for both CS and MS. MTS holds great potential for commercial viability and offers exciting processing route for the synthesis of advanced materials. Enhanced reaction kinetics and extended concentration limits in MTS are demonstrated by illustrating the synthesis of aluminum based nanocomposite involving Al-CeO2.