A Fe/Fe3O4/N-carbon composite consisting of a porous carbon matrix containing a highly conductive N-doped graphene-like network and Fe/Fe3O4 nanoparticles was prepared. The porous carbon has a hierarchical structure which is inherited from rice husk and the N-doped graphene-like network formed in situ. When used as an anode material for lithium batteries, the composite delivered a reversible capacity of approximately 610 mA h g(-1) at a current density of 200 mA g(-1) even after 100 cycles, due to the synergism between the unique hierarchical porous structures, highly electrically conductive N-doped graphene-like networks and nanosized particles of Fe/Fe3O4. This work provides a simple approach to prepare N-doped porous carbon activated nanoparticle composites which could be used to improve the electrochemical performance of lithium ion batteries.