Under the conditions of thermodynamic instability, we produced dense sintered composites built of diamond particles (30 vol%) and a cemented carbide matrix. The composites were consolidated by high‐current electric pulses at a temperature of about 1100°C and load of 75 MPa for 5 min. The diamond particles are strongly bound with the cemented carbide matrix, by a transition layer composed of a solid solution of carbon and tungsten in cobalt. No graphite precipitates were found in the sintered composites, as examined by microstructure observations, examinations of the phase composition, and an analysis of the Raman scattering spectra. The hardness of the diamond/cemented carbide was 23 GPa.