The invention discloses a preparation method of a lithium ion battery anode material lithium fluoborate. The preparation method comprises the following steps: (1), mixing a lithium source, an iron source, a boron source and a chelating agent according to the condition that the molar ratio of Li, Fe, B and C is (1-1.05):1:1:(0.5-1.5), adding the mixture into water for dissolving, and controlling the concentration of metal ions at 0.1-0.8mol / L<-1> to obtain liquor; (2), stirring in constant-temperature water bath to form sol; (3), stewing at the constant temperature to form gel; (4), adding water into the gel, and stirring; (5), spraying and drying to obtain a precursor; (6), sintering the precursor for 1.5 hours-2.5 hours at 250 DEG C-350 DEG C in a non-oxidizing atmosphere, then, heating up to 450 DEG C-550 DEG C, sintering for 5 hours-12 hours, and naturally cooling to the room temperature, thereby obtaining LiFeBO3. According to the preparation method disclosed by the invention, material resource is extensive, the operation is simple, convenient and easy to implement, the controllability is strong, the sintering temperature is low and the production cost is low.