The invention relates to a process for producing cobaltosic oxide. The process steps comprise that: boodtite powder is crushed and selectively leached out valuable metals such as cobalt and the like under the acid condition, after removing impurities and recovering the valuable metals such as copper, nickel, manganese, a solution of cobalt salt, of which the cobalt concentration is more than 100g / L, is obtained; and the solution of cobalt salt is diluted by deionized water to be between 88 and 92g / L, and the solution of cobalt salt and a solution of sodium hydroxide are continuously added in a reaction kettle at the same time, the pH value is controlled to be between 10 and 11, the compressed air is pumped in, the obtained suspension of cobaltous hydroxide is overflowed from the reaction kettle, filtered and washed by deionized water, and the washed cobaltous hydroxide is dried or placed in a calcinator with adjustable gas atmosphere, calcined at a temperature of between 400 and 1,300 DEG C for 6 to 20 hours, and crushed and graded to obtain the cobaltosic oxide. The process has the advantages of short flow and low consumption, and the reducer used in the reductive leaching process of the boodtite is a byproduct of ferrous salt generated in the whole technological process, thereby saving a large amount of sodium sulfite.