In this study, a one-part alkali-activated slag (AAS) composed of ground-granulated blast furnace slag, desulfurized gypsum, and hydrated lime is proposed as alternative to cement for the production of cemented fine tailings backfill (CFTB), which is an environmentally friendly binder consisting of 93.72 wt.% industrial solid waste. Results show that AAS with 67.83 wt.% slag, 25.92 wt.% desulfurized gypsum, and 6.25 wt.% hydrated lime yields the highest strength, which is 1.7-3.2 times that of ordinary Portland cement (OPC). Aside from calcium silicate hydrate gel, appreciable quantity of ettringite characterized by interlocking needles structure and high bound water is also produced during the AAS hydration process. In addition, the hydration heat of the AAS binder is 48% less than that of OPC. Moreover, CFTB made of AAS provides better workability than that of CFTB with OPC up to 20h. The findings of this study will contribute to the production of more cost-effective, durable, and environmental-friendly cemented fine tailings backfill.