Laminated materials and clad metals have received much attention in the industrial production due to the superior mechanical properties different from those in any of the constituent materials. Clad metal is a composite metal plate generally made by bonding a metal such as stainless steel plate to another metal such as carbon steel or low alloy steel plate. Clad metal not only has sufficient strength required of structural materials but provides other functions including resistance to heat and corrosion. As a result, the application of clad metals can significantly save precious alloying elements and reduce the cost. Therefore, clad metals have become an increasingly interesting topic in a variety of industrial fields. In this paper, fabrication technique and evaluation on mechanical properties of laminated metals have been briefly overviewed. In addition, the applications of laminated materials including clad metals are reviewed and the prospect of clad metals in the future is also described.