The invention discloses a method for leaching low-
nickel high-iron 
alloy powder selectively through 
nitric acid. The method comprises the steps that firstly, primary leaching is conducted on the low-
nickel high-iron 
alloy powder through the concentrated 
nitric acid; when total immersion is ended, 
magnetic separation is conducted; 
magnetic separation concentrate is returned for further leaching, so that after remaining ore pulp is filtered, leaching residues and a leaching solution are obtained, and the leaching solution enters a 
neutralization-for-iron-
removal procedure; the low-
nickel high-iron 
alloy powder is added to the leaching solution, so that 
neutralization for 
iron removal is conducted; after a 
neutralization-for-iron-removal reaction is ended, 
magnetic separation is conducted; magnetic separation concentrate is returned to the primary total immersion procedure, so that after ore pulp is filtered, neutralization iron 
slag and a separation and immersion solution are obtained; and the neutralization iron 
slag obtained after 
filtration is subjected to washing, 
drying and calcinations, so that an 
iron ore concentrate product with the 
iron content ranging from 60% to 65% is obtained. By means of the method, nickel and 
cobalt leaching and 
iron removal are completed through one step, and 
selective leaching of nickel, 
cobalt and iron is achieved; the nickel and the 
cobalt enter the solution, and the iron is inhibited in the 
slag, so that the nickel and the cobalt are effectively separated from the iron; and the 
leaching rate of the nickel and the cobalt is greater than 98%; the 
nickel content of the leaching residues is less than 0.5%, the 
iron content of the leaching residues is less than 10%, and the cobalt content of the leaching residues is less than 0.02%; the 
iron content of the neutralization iron slag is greater than 50%, and the 
nickel content o the neutralization iron slag is less than 0.1%; and the iron content of the separation and immersion solution is less than 3 g / L.