The Al-10Ni-5.6Cu alloy was prepared by conventional casting and further processed melt-spinning technique. The resulting conventional cast and melt-spun ribbons were characterized using X-ray diffraction, optical microscopy, scanning electron microscopy together with energy dispersive spectroscopy, differential scanning calorimetry and microhardness techniques. The X-ray diffraction analysis indicated that ingot samples were α-Al, intermetallic Al 3Ni and Al 2Cu phases. The optical microscopy and scanning electron microscopy results show that the microstructures of rapidly solidified ribbons are clearly different from their ingot alloy. Al-10Ni-5.6Cu ribbons reveal a very fine cellular structure with intermetallic Al 3Ni particles. Moreover, at high solidification rates the melt-spun ribbons have a polygonal structure dispersed in a supersaturated aluminum matrix. The differential scanning calorimetry measurements revealed that exothermic reaction was between 290 °C and 440 °C which are more pronounced in the ternary Al-10Ni-5.6Cu alloy.