The invention relates to a rare earth ore beneficiation method which is characterized in that grading is carried out after ore grinding is carried out on raw ore; reselection is carried out on coarse fractions to obtain gravity concentrates and tailings; magnetic separation is carried out on fine fractions to obtain strong-magnetic separation concentrates and tailings; reselection is respectively carried out on gravity concentrates and strong-magnetic separation concentrates which are different in fraction through a table to obtain table concentrates, table middlings and table tailings; the table concentrates and the table middlings which are different in fraction are mixed, and wet-type high-gradient magnetic separation is carried out to obtain magnetic separation rare earth ore concentrates and magnetic separation middlings; the magnetic separation middlings and the table tailings are mixed, closed-loop flotation including primary rough concentration, secondary scavenging and secondary fine selection is carried out after ore regrinding is carried out, the middlings are returned in proper sequence, and flotation rare earth ore concentrates and flotation tailings are obtained. The magnetic separation rare earth ore concentrates and the flotation rare earth ore concentrates are total rare earth ore concentrates, the REO grade is higher than 65%, and the total recovery rate ranges from 80% to 87%. The rare earth ore beneficiation method is high in grading efficiency, small in occupied area, continuous in production and low in cost, full-wet dust-free operation is achieved, and industrialization is easy to achieve. The rare earth ore beneficiation method is suitable for beneficiation of light rare earth ore existing in the bastnaesite or parisite mode.