The invention relates to a light-weight composite corundum refractory aggregate, and a preparation method for the light-weight composite corundum refractory aggregate. According to the technical scheme, the preparation method comprises the following steps: taking 80-95 wt% of gamma-Al2O3 fine powder, 1-10 wt% of Al(OH)3 micro powder, 1-10 wt% of a glycopolymer and 0.1-5 wt% of an antifreeze protein as raw materials, adding 20-60 wt% of water, and conducting wet grinding; pelleting slurry obtained after wet grinding into particles with the grain sizes being 1-2.5 mm through a disk, freezing, drying, and keeping the temperature for 3-6 h at the temperature of 300-800 DEG C to obtain porous corundum particles; then taking 80-97 wt% of alpha-Al2O3 micro powder, 2-10 wt% of nanometer aluminium oxide sol, and 1-5 wt% of MgO micro powder as mixtures, adding 30-50 wt% of organic alcohol, and conducting mixed grinding; pelleting the slurry obtained through mixed grinding and the porous corundum particles into particles of which the grain sizes are 3-10 mm, drying, and sintering for 1-5 h at the temperature of 1,700-1,900 DEG C, so as to obtain the light-weight composite corundum refractory aggregate. The light-weight composite corundum refractory aggregate product prepared by the invention is low in volume density, high in closed porosity, and high in slagging corrosion resistance.