The invention relates to a fireproof cable material and a preparation method thereof. The fireproof cable material is prepared from the following raw material ingredients in parts by weight: 10 to 15 parts of activated high-purity magnesium oxide, 5 to 8 parts of magnesium chloride, 14 to 17 parts of plant fiber, 6 to 10 parts of lithopone, 4 to 9 parts of glass fiber, 8 to 12 parts of 4,4'-bis(alpha,alpha-dimethylbenzyl)diphenylamine, 5 to 10 parts of ceramic fiber, 8 to 10 parts of polyolefin, 5 to 12 parts of synthetic resin, 6 to 10 parts of silicon carbide, 6 to 9 parts of synthetic mica, 15 to 20 parts of HY-109 rubber adhesive, 3 to 12 parts of PVC, 50 to 60 parts of ethyl alcohol and 30 to 40 parts of helium. The materials of the fireproof cable material disclosed by the invention are easy to obtain; the fireproof cable material has the advantages of simple preparation method, low cost, large tensile strength, good self-lubricating effect, good electric insulating performance, good high temperature resistance, strong stability, oxidization resistance, good anti-ageing effect, small dielectric index, superstrong fireproof performance, small density, excellent heat-resistant effect and no crack in high temperature, low temperature and high pressure; service life of the fireproof cable material is prolonged.