The invention discloses a high abrasion resistant ceramic tool material and a preparation method thereof, and the high abrasion resistant ceramic tool material is mainly prepared from silicon oxide, waste glass scraps, serpentine tailings, blast furnace slag, copper oxide, steel slag micro powder, tungsten boride, nano diamond, aluminum oxide, yttrium oxide, potassium magnesium titanate lamellas, glycerol, phenolic resin emulsion, polyvinyl alcohol, propylene glycol alginate (PGA), titanium dioxide, baddeleyite, garnet, bauxite, iron sulfide and other raw materials. By calcinations of the bauxite, serpentine tailings and other raw materials, high strength, high hardness, room temperature and high temperature friction increasing effects are fully played, by mutual cooperation of the baddeleyite, the garnet, the potassium magnesium titanate lamellas and other raw materials, friction coefficient stabilization is facilitated, wear resistance of the material is enhanced, abrasion is reduced, the titanium dioxide plays the role of increasing toughness and enhancing anti shearing ability, and the high abrasion resistant ceramic tool material has good overall abrasion resistance, high strength and long service life.