To alleviate the environmental pressure caused by the continuous accumulation of solid waste red mud (RM) and organic pollutants, we developed a magnetic-supported catalyst derived from RM-based Fe-Co Prussian blue analogues (RM-Co PBA-D) using RM as the iron source and carrier. Then, the catalyst was used to activate peroxymonosulfate (PMS) under visible light for the degradation of tetracycline (TC) and rhodamine B (RhB). Due to the superior dispersion, strong visible light response, and high photo-generated carrier separation efficiency of the RM-Co PBA-D, the RM-Co PBA-D/PMS/Vis system could completely degrade both TC (10 mg/L) and RhB (20 mg/L) in 30 min, with mineralization efficiencies as high as 70.12 % and 60.59 %, respectively. Several reactive oxygen species (ROS) such as SO4⋅−, ⋅OH−, ⋅O2−, 1O2, and h+ were involved in the degradation process, with SO4⋅− and 1O2 playing a dominant role. More importantly, except for the production of ROS, the regeneration of active sites (Co2+/Fe2+) mediated by photo-generated carriers was also a critical factor in enhancing the removal of organic pollutants. In addition, the constructed system demonstrated significant potential for practical applications, which was attributed to the stable structure and catalytic performance of the catalyst as well as the strong ability of the system to resist interference by impurity anions and detoxify organic pollutants.