The invention discloses a beneficiation method capable of recycling valuable metal from tin magnetic pyrite. The method comprises graded ore grinding work, magnetic separation work, thick flotation work and reselection work. The method has the beneficial effects that a bar grinding machine is adopted to grade ground ore in advance, over pulverizing of tin stone can be reduced, the single separation degree of the tin stone can be increased, and the precondition is provided for effective recycling of the tin stone; secondly, magnetic separation is adopted to remove the magnetic pyrite with the large proportion and the higher iron containing rate, floatation is adopted to remove the magnetic pyrite with the large proportion and the higher sulphur containing rate, disturbance of heavy mineral is reduced, and the advantage is created for subsequent reselection and separation of tin stone; thirdly, the middling re-grinding and reselection flow is adopted, energy consumption of ore grinding can be reduced, over pulverizing of the tin stone is reduced, the single separation degree of tin stone can be improved, the cost is low, and industrial production is easily achieved; fourthly, secondary pollutions in the production process are not needed, and the method is friendly to the environment.