The invention discloses a method for smelting reduction production of zinc smelting slag. The method for smelting reduction production of the zinc smelting slag comprises the following steps that S1,the zinc smelting slag is added into an insulation device or a smelting reaction device allowing slag to flow out, calcium minerals and additives are added, all the components are heated to be in themolten state, one or more of copper oxide minerals, copper sulfide minerals and copper-containing materials are added into the insulation device or the smelting reaction device at the moment, reactionslag is monitored in real time, and molten slag is obtained by regulating and controlling the temperature and the CaO/SiO2 basicity ratio of the reaction slag; and S2, the molten slag is obtained, aferrum-containing silicate mineral phase, a copper-rich phase, a ferrum-rich phase and dust containing zinc, lead, bismuth and smoke are obtained through settlement separation, gold and silver are migrated and enriched to enter the copper-rich phase, and all the phases are separated. According to the method for smelting reduction production of the zinc smelting slag, the slag copper content (lowerthan 0.1 wt%) can be decreased, efficient recovery of components such as copper, ferrum, gold, silver, lead, zinc, indium, bismuth, sodium and potassium can be achieved, and low-copper ferrum-containing materials are obtained; and the metal recovery rate is high, the production cost is low, environmental friendliness is achieved, and economic benefits are high.