Catalytic pyrolysis of lignin over a dual-catalyst system of modified red mud and HZSM-5 was carried out in a bench-scale micro-reactor. Effects of pyrolysis temperature, modified red mud to HZSM-5 ratio, catalysts to lignin ratio on the yield of products and selectivity of aromatic hydrocarbons were investigated. Results indicated that 550 degrees C was the optimal pyrolysis temperature with the maximal yield of bio-oil (20.16 wt%). At a modified red mud to HZSM-5 ratio of 1: 1, the content of monocyclic aromatic hydrocarbons (MAHs) increased to 41.27% whereas that of polycyclic aromatic hydrocarbons (PAHs) decreased to 22.65%. Likewise, at a catalysts to lignin ratio of 2: 1, a higher content of MAHs was produced with a decreased content of PAHs. The cascade dual-catalyst system may serve as an efficient approach to disposing lignin and red mud wastes with significant environmental impact. Besides, this study provides a solution for the valorization of lignin-rich resources.