The Al2O3–ZrO2–C material was prepared using tabular alumina aggregates and fines, zirconia-corundum, zirconia-mullite, flake graphite, B4C powder, Si powder and different nano-oxides (nano-ZrO2, nano-TiO2, and nano-Al2O3) as raw materials, the effects of different nano-oxides on the corrosion resistance and microstructure evolution of Al2O3–ZrO2–C material were investigated. The results showed that the high reactivity nano-ZrO2, nano-TiO2, and nano-Al2O3 particles reacted with CaO to generate high melting point phases of CaZrO3, CaTiO3, CaO·6Al2O3 (CA6) at high temperature, which forms a protective layer at the interface between corroded media and samples, inhibiting CaO penetration into the material. Additionally, nano-oxides can fill the pores and increase the density of material, thereby contributing to improving the penetration resistance and corrosion resistance of material.