In this work obtaining of gasoil cracking catalyst from ferroalloy production waste is described. Results of research of original ash-slime and prepared catalyst by methods of scanning electron microscopy, X-Ray analysis, Auger spectroscopy are showed. The selectivity by amount of liquid phase products of 99.16% wt. with the conversion of 51.43% wt. are reached resulting the process of catalytic cracking of gasoil at the temperature of 450°С and atmospheric pressure.