Provided are a Kanbara Reactor (KR) desulfurization stirring paddle casting material and a preparation method therefor. The casting material consists of a base material and an additive; the base material consists of the following raw materials in weight percentages: M70 sintered mullite 60-80%, flint clay 5-20%, fine powder 5-20%, and pure calcium aluminate cement 1-5%. The percentages of each component of the additive based on the weight of the base material are as follows: water reducing agent 0.05-0.2%, and heat-resistant stainless steel fiber 1-5%. The main raw materials are M70 sintered mullite and a small amount of flint clay so as to ensure good thermal shock resistance; the medium temperature and high temperature strength are controlled at 100-180 MPa so as to ensure good erosion resistance; the content of Al2O3 in the casting material is 60-70% so as to ensure good corrosion resistance; the ratio of high temperature strength to medium temperature strength is controlled at 1-1.2, which further improves the thermal shock resistance and peeling resistance of the casting material, thereby extending the service life of the stirring paddle. The casting material is lower in cost and has a good practical furnace usage effect; in addition, a paddle blade has less chance of cracking and peeling, while a bottom portion of the stirring paddle is less eroded, thus the frequency of paddle blade repair is low, and service life is significantly improved.