In this letter we use the replica trick together with a variational me
thod in order to compute the effective conductivity tensor of a disord
ered binary composite in a static magnetic field. When only one of the
two components percolates, the effective magnetoresistivity rho(xx)(e
) saturates for strong magnetic fields h as in a homogeneous material.
When both components percolate, the effective magnetoresistivity disp
lays an anomalous behaviour and scales like the magnetic field h. At t
he percolation threshold of one component (denoted by p(c)), the scali
ng exponent nu (rho(xx)(e) approximately h(nu)) is equal to 2/3 and th
ere is a scaling behaviour with both h and p - p(c) (where p denotes t
he volume fraction). This indicates that there is a field-dependent co
rrelation length at strong fields that is distinct from the percolatio
n correlation length. In all cases the effective Hall constant R(H) sa
turates at strong fields.