The invention discloses a method for preparing Ho-Fe
alloy through
molten salt electrolysis, wherein a
graphite crucible serves as an electrolyzer, a
graphite flake serves as an
anode, a pure iron rod serves as a
cathode, a
ferric crucible serves as a
metal receiver, and
holmium oxide serves as a
raw material; and
holmium fluoride and
lithium fluoride serve as a binary
system electrolyte and then are electrolyzed in a certain condition. The method comprises the following steps of: (1)
drying the electrolyzer through an arching
machine or a
heating element oven; (2) switching on the power of the arching
machine to 45kW, and continuously adding an
electrolyte into the furnace continuously; (3) after the
electrolyte is melted to a part which is 10cm far away from the upper edge of the electrolyzer, placing an iron
crucible in the center of a furnace bottom, placing the pure iron rod above the iron crucible, and feeding a
direct current to start
electrolysis; (4) adding a small quantity of
holmium oxide repeatedly or continuously and evenly adding holmium
oxide during the
electrolytic process, and intermittently adjusting the pure iron rod once intermittently; and (5) after the
electrolysis is carried out for a period of time, taking out the iron crucible, pouring to obtain an
ingot, and demoulding to obtain the Ho-Fe
alloy after the cooling. The Ho-Fe
alloy obtained by the invention is low in
energy consumption, high in capacity and small in deviation, so that the Ho-Fe alloy is convenient for
mass production.