Provided is a method for recycling stone coal navajoite waste slag. The method comprises the steps, mixing waste slag obtained after vanadium is extracted from stone coal navajoite, coke and starch according to the weight ratio of 50:(8-15):(0.8-1.5) to form a mixed material, performing ball milling, adding villiaumite reducing a melting point of the mixed material, and pressing to form honeycomb-shaped block pieces; placing the block pieces and quicklime in an electric arc furnace, and performing vacuum melting; enabling the adding amount of the quicklime to be subjected to the fact that thepH of furnace slag is controlled within a range between 1.5 and 2.5; after furnace burden in the electric arc furnace is fully melted, shaking the electric arc furnace to enable furnace liquid to fully react, and then discharging slag; adding chromium oxide with the purity not lower than 99% into the furnace burden after the slag is discharged so as to continue the reaction, and enabling C and Siimpurities in the furnace burden after the slag is discharged to be fully oxidized by adding chromium oxide; controlling the temperature of the electric arc furnace in the melting and reaction process of the furnace burden at 1,850K-1,950K; obtaining a primary product after cooling, layering and slag removal; and adding carbon powder with the quality purity not lower than 99% into the primary product, performing oxidation-reduction reactions in a vaccum furnace so as to reduce hydrogen content and oxygen content in the primary product and obtain a pure product.