The invention discloses an oxidation-reduction preparation method for graphene. The oxidation-reduction preparation method comprises the following steps: soaking a certain amount of natural flake graphite powder into concentrated acid; transferring a vessel to a low-temperature environment, adding phosphoric acid, stirring, and then adding strong oxidant and controlling the temperature of a reaction system to be below 5 DEG C; transferring the vessel to a room-temperature environment and then stirring; heating and increasing the temperature, reacting for 6-12h while stirring, diluting by water, and then adding hydrogen peroxide and hydrochloric acid; performing ultrasonic treatment, thereby acquiring a graphene oxide acid solution; adding aluminum foil chippings of the lithium battery current collector into the graphene oxide acid solution, heating and starting the reduction reaction, stirring, removing impurities, and performing vacuum drying, thereby acquiring the graphene. According to the oxidation-reduction preparation method for graphene, the graphene is acquired after the graphene oxide acid solution is directly reduced by the aluminum foil chippings of the lithium battery current collector, so that the experiment technique is simplified, the experimental period is shortened, the impurity introduction is reduced, the adoption of the high-risk and environment-unfriendly raw materials is avoided, the safe and environment-friendly purposes are achieved, the waste of resources is avoided by recycling and reusing and the cost of laboratory is reduced.