The invention discloses a chemical product, namely long-term antirust grease, which ensures that the production cost is relatively reduced and the antirust time is also prolonged. The effective compositions of the long-term antirust grease comprise machine oil, stearic acid, calcium hydroxide and barium mahogany sulfonate. The operation process of the production technology of the long-term antirust grease is as follows: adding a small amount of machine oil, the stearic acid, the calcium hydroxide and the barium mahogany sulfonate in a reaction kettle first, injecting a certain amount of water, fully saponifying the mixture when the temperature is increased to 130 DEG C, adding remaining machine oil into the reaction kettle, and ensuring that the reaction kettle is subjected to thermal insulation at a temperature of 100 DEG C or so for about 1 hour. The long-term antirust grease can resist from being exposed to the sun and rain; after a metal fastener is coated with the long-term antirust grease, the antirust function is remarkably improved, the antirust performance can reach three years, and the technical problem that the antirust time of old products does not exceed one year is solved; in addition, the long-term antirust grease uses raw materials which are purchased on negotiation, has simple process operation and relatively reduces production cost; and the long-term antirust grease is applicable to the corrosion prevention and lubrication of bolts at various positions such as rail joints, concrete sleepers, railway switches, bridges and so on, and has certain acid, alkali and salt resistance.