Fortunately there is one company out there that has gone out of its way to reinvent the traditional wooden ice axe for modern times. The Grivel Monte Bianco has a shaft made of CarbonWood composite, a mix of wood and modern materials that allows it to be consistently strong. This is a B-rated ice axe that has a shaft rated to withstand a force of 280kg. By comparison T-rated ice axes made by Grivel (such as the Air Tech Racing Ice Axe
It is also not the lightest ice axe out there. At 600g it weighs as much as 200g-300g more than modern ultralight weight b-rated alpine axes and it weighs about 100g more than similarly sized T-rated ones. That said, it has a lovely heft and the feel of wood is something quite special. Plus it will look really good in the car park or hanging over your fireplace. If looking wizened and seasoned is your thing, or you like the feel of wood then this is definitely your axe. Most people, however, will probably stick with metal.