Silicon-based anode materials have attracted significant interest because of their advantages, including high theoretical specific capacity (~4,200 mAh/g), low working potential (0.4 V vs Li/Li+), and abundant sources. However, their significant initial capacity loss and large volume changes during cycling impede the application of silicon-based anodes in lithium-ion batteries. In this work, we propose a silicon oxide (SiOx) anode material for lithium-ion batteries produced with a magnesio-thermic reduction (MTR) process adopting Boryeong mud as a starting material. Boryeong mud contains various minerals such as clinochlore [(Mg,Fe)6(Si,Al)4O10(OH)8], anorthite (CaAl2Si2O8), illite [K0.7Al2(Si,Al)4O10(OH)2], and quartz (SiO2). The MTR process with Boryeong mud generates a mixture of amorphous silicon oxides (SiOx and SiO2), and magnesium aluminate which helps to alleviate the volume expansion of the electrode during charge/discharge. To observe the effects of these oxides, we conducted various analyses including X-ray diffraction (XRD), scanning electron microscopy (SEM), Fourier-Transformation infrared spectroscopy (FT-IR), Brunauer-Emmett-Teller (BET) and cyclic voltammetry (CV) galvanic cell testing. The amorphous SiO2 and MgAl2O4 suppressed the volume expansion of the silicon-based anode, and excellent cycle performance was achieved as a result.