The invention discloses 
iron oxide for a 
lithium iron phosphate battery material, and its preparation method. The preparation method mainly comprises the following steps: 1, removing impurities from a steel plate 
pickling waste liquid to reduce the contents of impurities comprising SiO2, P2O5, Al2O3 and the like in 
iron oxide; 2, carrying out low temperature 
roasting of the impurities removed 
pickling waste liquid to improve physical performances of the 
iron oxide; 3, 
grinding with a pearl mill until the average particle size of the iron 
oxide reaches below 0.5mum; and 4, washing the iron 
oxide slurry obtained after the 
grinding with desalinized water, and carrying out treatments comprising press 
filtration, 
drying, crushing and the like. According to the invention, the contents of the impurities comprising SiO2, P2O5, Al2O3, Cl<->, Ca<2+>, K<+>, Na<+>, SO4<2-> and the like in the iron 
oxide are greatly reduced; and the physical performances comprising the specific surface area (BET), the loose 
specific weight, the average particle size 
particle size reduction and the like of the iron oxide are improved,