The invention discloses a dedicated fireproof insulation panel for a building external wall. The dedicated fireproof insulation panel comprises the following raw materials: cement, river sand, ferrous mill tailings, pebbles, rubbles, vitrified microsphere, oil shale, coal ash, coal gangue, silica fume, modified polystyrene granules, polyurethane particles, polycarbonate, neoprene latex, epoxy resin emulsion, water reducing agent, air entraining agent, carbon fiber, polypropylene fiber, mullite fiber, and water. The dedicated fireproof insulation panel for the building external wall provided by the invention is light in weight, low in heat conducting coefficient, good in insulation and heat-shielding performance and excellent in compressive property and fireproof performance.