High-performance and low-cost oxygen carrier is vital for engineering demonstration and industrial application of chemical looping combustion. In this work, binary-ore (copper ore and iron ore) oxygen carriers are prepared at a large scale (25 kg/h) by the extrusion-spheronization method, using montmorillonite as the inert support. The anti-sintering ability and long-term stability are systematically investigated through well-organized tests in a thermogravimetric analyzer (TGA) and batch fluidized bed reactor (BFB). Four kinds of low-cost composite oxygen carriers are prepared with montmorillonite content of 10 wt%∼40 wt%, and the montmorillonite loading ratio is optimized as 10 wt% through 100-cycle TGA tests, with the fastest reduction rate of 0.155 %/s. The results show that the CO2 yield is always beyond 90 %, suggesting the stable reactivity of FeCu-10 M, and the average attrition rate is 0.108 %/h. No significant sintering or agglomeration is detected in the inner surface or among the particles, as indicated by SEM images. The specific surface area is developed from 0.125 to 0.185 m2/g, and the rich pore structure remains in the 100-cycle test. Additionally, the crushing strength of FeCu-10 M is higher than 2 N throughout the cyclic experiment, and the lifetime is 2 ∼ 7 times longer than that of the original iron ore. The extrusion-spheronization method has the potential in the industrial-scale preparation of oxygen carriers, and the FeCu-10 M is a favorable oxygen carrier to the chemical looping combustion process.