The invention relates to a preparation method of 
nickel coated 
copper composite 
powder. The preparation method comprises the following process steps that 
copper salt and 
oxalate or 
carbonate take reaction to generate cupric 
oxalate or 
copper carbonate sediments, the filtering is carried out, pure water is used for flushing to be in a 
neutral state, and solution with the concentration being 10 to 80g / L is prepared; and 
nickel salt solution and the required 
oxalate or 
carbonate solution are prepared according to a proportion that the copper 
nickel weight ratio is 2:1 to 1:2 and are added into the cupric oxalate or 
copper carbonate solution for reaction to generate nickel coated copper resultants. The preparation method has the advantages that firstly, nickel salts are used for 
coating copper salts, then, the 
thermal decomposition is carried out, nickel coated copper 
powder is obtained, the production process is simple, the operation is easy, the production cost is low, and the industrial production can be realized. The nickel coated copper 
powder or 
alloy prepared by the method has the morphology in a spherical shape, a near-spherical shape, an 
irregular shape or a tree 
branch shape, and has the advantages that the powder dispersion is uniform, no segregation is generated, the 
coating effect is good, the 
coating is compact, the particle size is controllable, and the like. The nickel coated copper powder or 
alloy can be used for 
electromagnetic shielding materials and 
powder metallurgy prealloyed powder. The preparation method can be used for preparing nickel-
copper alloy powder.