For a successful integration of silicon in high-capacity anodes of Li-ion batteries, its intrinsic capacity decay on cycling due to severe volume swelling should be minimized. In this work, Ni-Sn intermetallics are studied as buffering matrix during reversible lithiation of Si-based anodes. Si/Ni-Sn composites have been synthetized by mechanical milling using C and Al as process control agents. Ni3Sn4, Ni3Sn2 intermetallics and their bi-phasic mixture were used as constituents of the buffering matrix. The structure, composition and morphology of the composites have been analyzed by X-ray diffraction (XRD), 119Sn Transmission Mossbauer Spectroscopy (TMS) and scanning electron microscopy (SEM). They consist of ~ 150 nm Si nanoparticles embedded in a multi-phase matrix, the nanostructuration of which improves on increasing the Ni3Sn4 amount. The electrochemical properties of the composites were analyzed by galvanostatic cycling in half-cells. Best results for practical applications are found for the bi-phasic matrix Ni3Sn4-Ni3Sn2 in which Ni3Sn4 is electrochemically active while Ni3Sn2 is inactive. Low capacity loss, 0.04 %/cycle, and high coulombic efficiency, 99.6%, were obtained over 200 cycles while maintaining a high reversible capacity above 500 mAh/g at moderate regime C/5