The invention relates to a production method comprehensively utilizing high-zinc cobalt raw materials. The method comprises the following steps that firstly, the high-zinc cobalt raw materials are subjected to reduction leaching, soluble valuable metals such as zinc and cobalt enter a solution, and solid-liquid separation is conducted; secondly, after solid-liquid separation, the solution is subjected to deironing through a jarosite method, the PH value is adjusted to 4.7+/-0.2 at the same time, aluminum in the solution is precipitated to be removed in an aluminum hydroxide mode, and solid-liquid separation is conducted; and thirdly, the solution enters a P507 extraction tank, 20%-30% of a P507 extraction agent is adopted, caustic soda liquid is added, the saponification rate is controlled to be 50-60%, Zn2+ in the solution is extracted into organic phases, the organic phases are washed through dilute sulfuric acid, other metal ions are co-extracted and washed down, then the organic phases are subjected to reverse extraction, the Zn2+ enters aqueous phases from the organic phases through reverse extraction by means of a dilute sulfuric acid solution, and a high-purity zinc sulfate solution is generated, concentrated and crystallized into zinc sulfate monohydrate crystals.