High-quality oxide pellets with high titanium content could be adopted as raw materials for blast furnace lining protection. Pellets are prepared and researched from 3 titanium concentrates with roughly 36% mass fraction of titanium dioxide, and tests results are compared between pellets cooling outside the furnace and cooling inside the furnace by technique of cold-bonded pelletizing and low temperature consolidation. High-quality pellets for blast furnace lining protection could be obtained under the inside cooling condition of the concentrates proportion of 1^#: 2^#: 3^# is 34.4:27.5:38.1,the mass fractions of additives, binders and moisture are 3.0% ,5.0% and 7.4% respectively, and the total heat treatment time is 93 min. The mass fractions of TFe and TiO₂ are 25.82% and 34.10%. The low-temperature reduction powdering rate (-3.15 mm) of pellets for blast furnace lining protection is 4.13% , the compressive strength at room temperature is 2776 N/P, and the thermal compressive strength is 1882 N/P. The consumption of the binder is reduced, the time of pellet drying and heat treatment is shortened, and the mechanical strength of the finished pellets is improved by the preparation technique.