The application relates to a lithium battery cathode material. The lithium battery cathode material is spinel lithium nickel manganese oxide; the surface of spinel lithium nickel manganese oxide is coated with a coating; the coating comprises LiaBbOc and LiMnBO3; the structural formula of the spinel lithium nickel manganese oxide is LiM(x+y)Ni(0.5-x)Mn(1.5-y)O4, wherein the M is selected from at least one of Co, Al, Cr, Fe, Mg, Zr or Ti, the x is not less than 0 and is less than 0.2, and the y is not less than 0 and is less than 0.2; the LiaBbOc is specifically at least one of LiBO2, LiB3O5,LiB5O8, LiB7O11, Li2B4O7, Li3BO3, Li3B5O9, Li3B7O12, Li4B2O5 or Li4B6O11. The spinel lithium nickel manganese oxide and compounds of boron are mixed and sintered, so that the circling stability of the spinel lithium nickel manganese oxide is improved and the dissolution of manganese of the spinel lithium nickel manganese oxide in an electrolytic solution is restrained. An improved process is suitable for all spinel lithium nickel manganese oxide cathode materials and is simple and feasible, the preparation costs are low, the reproducibility is great, and the process is convenient for large-scale industrial production.