A
separation method for a
slurry bed fischer-tropsch synthesis heavy product and a catalyst is characterized in that the fischer-tropsch synthesis heavy product from a
slurry bed reactor and the magnetic fischer-tropsch synthesis catalyst, after degassing, enter the lower part of a separator, the catalyst and the fischer-tropsch synthesis heavy product are preliminarily separated by gravity
settling to obtain concentrated
slurry rich in the catalyst in the lower part of the separator, the concentrated slurry is cycled to the slurry
bed reactor, and obtained diluted slurry enters into a
magnetic separator zone on the upper part of the separator; in the
magnetic separator zone, the catalyst is adsorbed by magnetic force in a
magnetic field zone, when the amount of the catalyst adsorbed in the
magnetic field zone reaches a set amount, the
magnetic field is removed, the catalyst sinks by gravity to a flow guide
pipe, flows to the bottom of the separator along the flow guide
pipe, and is is cycled to the slurry bed reactor; after the
magnetic separation, the catalyst is further separated from the fischer-tropsch synthesis heavy product containing less catalyst by a
filter element, and is discharged out of the separator, and the filtered catalyst is cycled to the slurry bed reactor.