The current investigation delves into the oxidation resistance of magnesia‐carbon‐bonded (MgO‐C) refractory enhanced with calcium magnesium aluminate (CMA) cement, metallic aluminum, and Carbores P across a broad temperature spectrum from 800 to 1600 °C. The results demonstrate that the modification with CMA up to a temperature threshold of 1200 °C does not compromise the material's inherent oxidation resistance. However, above this temperature, a decrement in oxidation resistance is observed. The impact of grain size variation in CMA on the oxidation resistance of MgO‐C refractories is notable, and the finer grains show a superior performance. MgO‐C sample with Carbores P has excellent oxidation resistance up to 1000 °C, while above 1200 °C, its oxidation resistance strongly deteriorates. The metallic aluminum addition exhibits a remarkable oxidation resistance throughout the evaluated temperature range, indicated by a slight oxidation.