The invention relates to a device and a method for reducing 
hematite-containing materials by utilizing 
microwave heat treatment and carrying out 
magnetic separation. The device comprises a material bin, a screw feeder, a star type feeding 
machine, a preheating reacting furnace and a 
microwave magnetic separator. When the 
magnetic separation is carried out, the materials are crushed and then added to the material bin, powdery materials enter the preheating reacting furnace through the screw feeder and the star type feeding 
machine for preheating, and the preheated powdery materials enter the 
microwave magnetic separator through an air inlet 
pipe for the microwave heat treatment and the 
magnetic separation; products subjected to the magnetic separation are discharged through an ore 
discharge pipe from a 
discharge port, and other materials are discharged through an outlet 
pipe from the 
discharge port. The device disclosed by the invention can be used for reducing the weak magnetic Fe2O3 contained in the materials into strong magnetic Fe3O4 through the microwave heating and separating the 
iron ore concentrates through the magnetic separation, integrally and simultaneously carries out the reduction and the magnetic separation, has the advantages of small investment, low 
energy consumption, large treatment quantity, 
water saving, no 
air pollution, wide application range and relatively popularization prospect, is simple in equipment, and can be used for treating multiple 
hematite-containing materials which include ores, such as steel 
slag, low-grade 
limonite and iron ores.