The invention belongs to the technical field of building material and solid waste resource utilization, and relates to an iron tailing activation method and iron tailing-containing multi-solid-waste concrete. A multi-solid-waste admixture comprises 20-30 parts of iron tailing powder, 10-15 parts of a calcium phase admixture, 10-15 parts of an aluminum phase admixture, 4-5 parts of a composite activator, and 1-2 parts of a grinding aid. The multi-solid-waste admixture is used as an auxiliary cementing material, and each cubic meter of the multi-solid-waste concrete is prepared from the following components in proportion: 310-336 kg of cement, 144-170 kg of the multi-solid-waste admixture, 492-517 kg of machine-made sand, 221-281 kg of natural sand, 1020-1055 kg of machine-made stone, 1.2-1.5% of an air-entraining and water-reducing agent (with respect to the total amount of the cementing material) and 177-186 kg of water. The iron tailings are activated in a composite activation mode of microwave irradiation, mechanical grinding and chemical excitation, the activity index of the admixture can be well increased, a large amount of solid waste is used, the comprehensive utilization rate of the iron tailings is increased, consumption of natural resources is reduced, and the concrete is more environmentally friendly.