The invention relates to the field of refractory materials, and discloses a two-component refractory brick and a production method thereof. The brick is produced from a slurry A and a slurry B; the slurry A includes fused chromium oxide, sintered chromium oxide particles, chrome corundum particles, alumina micro-powder, magnesium oxide micro-powder, zirconia micro-powder, yttrium oxide micro-powder, lanthanum and / or lanthanide metal oxide micro-powder, metallic aluminum micro-powder, metallic chromium micro-powder, metallic zirconium micro-powder, metallic yttrium micro-powder, resorcinol diglycidyl ether, sodium dodecyl benzene sulfonate, ethanol and water; and the slurry B includes the fused chromium oxide, sintered chromium oxide particles, chrome corundum particles, alumina micro-powder, magnesium oxide micro-powder, zirconia micro-powder, yttrium oxide micro-powder, lanthanum and / or lanthanide metal oxide micro-powder, metallic aluminum micro-powder, metallic chromium micro-powder, metallic zirconium micro-powder, metallic yttrium micro-powder, a cationic photocuring initiator, tetradecyltrimethylammonium bromide, ethanol and water. The two slurries are adopted to reduce the use amount of a binder and improve the physical properties of the refractory brick.