Vertical ring wet high gradient magnetic separator is used for wet beneficiation of particles below 1.2 mm (30100% passing 200 mesh) of fine-grained liberated red ore (hematite), limonite, manganese ore, ilmenite and other kinds of weakly magnetic minerals. It can also be used for removing of iron impurity and purification of non-metallic minerals, such as silica sand, feldspar, nepheline.