The invention discloses a manufacturing method of an aluminum alloy material special for high-voltage power transmission and transformation. The method involves the following raw materials comprising,by mass, 2%-10% of silicon, 0.1%-1.5% of manganese, 0.1%-0.3% of zirconium, 0.2%-0.6% of copper, 0.1%-1.5% of rare earth alloy, 0.2%-0.6% of graphene and the balance industrial pure aluminum alloy. The method includes the following specific operating steps that first, the industrial pure aluminum alloy is added into a melting furnace for fusion, and the temperature is kept to be 800 DEG C; then the silicon raw material is added into molten aluminum after being ground, stirring is conducted continuously in the adding process, and the temperature is kept to be continuously stirred for 30 minutes after the silicon is added; and afterwards, the temperature is lowered to 780 DEG C. According to the manufacturing method, the internal structure of the aluminum alloy is changed by adding the raremetal and graphene materials; Compared with the prior art, the overall performance of the aluminum alloy material manufactured through the method is remarkably improved, and particularly the electrical conductivity, the heat dissipation performance and the flexibility are remarkably improved.