The invention discloses a preparation method of a novel biomass briquette fuel. The preparation method comprises the following steps: adding wood chips to a crusher, and crushing the wood chips to 40-60 meshes to obtain wood chip powder; adding the wood chip powder, magnesium oxide, manganese mine slag, mica powder and cerium nitrate to a stirrer, adding a proper amount of water, stirring above added materials and water to form a paste; taking the paste, putting the paste in a muffle furnace, and roasting the paste at 700-800DEG C for 2-3h to obtain carbide; uniformly mixing the carbide with petroleum resin and sodium carboxymethylcellulose adhesive slurry, conveying the obtained mixture to a molding machine, and carrying out extrusion molding at 120-140DEG C under 60-80Mpa to obtain a briquette fuel; and drying the briquette fuel, cooling the dried briquette fuel to room temperature, and packaging the cooled briquette fuel to obtain the biomass briquette fuel. The method has the advantages of simple preparation technology, low energy consumption, high production efficiency, high molding rate and low cost; and the prepared biomass fuel has the advantages of small density, high calorific value, less ash, small internal gap, no looseness, good moisture resistance, realization of long-term preservation, and suitableness for industrial production.