Thanks to dandide for letting me know about this question.
Let's first have clear Alfven's assumptions (I use bold only on vector quantities):
Thus, Maxwell equations simplify to:
$$\nabla \times \mathbf H = \frac{4\pi}{c} \mathbf j \ \ \ \ \ \ \ \ \ (1)$$
$$\nabla \times \mathbf E = -\frac{1}{c} \frac{\partial \mathbf H}{\partial t} \ \ \ (2)$$
$$\mathbf E = -\frac{\mathbf v}{c} \times \mathbf H \ \ \ \ \ \ \ \ \ (3)$$
$$\rho \frac{\partial \mathbf v}{\partial t} = \frac{1}{c}(\mathbf j \times \mathbf H) \ \ (4)$$
The issue with this exercise is that Alfven did not explicitly show the applied perturbations.
These are (note that the primes do not mean derivatives here; they mean small perturbations):
$$\mathbf H = H_0 \hat z + H' \hat x \ \ (5)$$
$$\mathbf E = E' \hat y \ \ (6)$$
$$\mathbf j = j' \hat y \ \ (7)$$
$$\mathbf v = v' \hat x \ \ (8)$$
Once at this point it is just a matter of combining and manipulating the two sets of four equations to derive the wave equation $H'_{tt} = v^2 H'_{zz}$
I will tell you what algebra I applied to get it in several steps:
1) Combine $(1)$ and $(4)$ to get
$$4 \pi \rho \frac{\partial \mathbf v}{\partial t} = (\nabla \times \mathbf H) \times \mathbf H \ \ (9)$$
Plug equations $(5)$ and $(8)$ into $(9)$ and develop the cross product on the right hand side. After doing so, equate vector components. Note that you get three equations; two of them are zero (the derivative of a constant is of course zero) and the third equation you should get is:
$$4 \pi \rho \frac{\partial v'}{\partial t} = H_0 \frac{\partial H'}{\partial z} \ \ (10)$$
2) Plug equations $(5)$ and $(6)$ into $(2)$ to get
$$\frac{\partial E'}{\partial x} \hat z - \frac{\partial E'}{\partial z} \hat x = -\frac{\partial H'}{c\partial t} \hat x \ \ (11)$$
By equating vector components you of course get two equations out of $(11)$; one is simply zero and the other is
$$\frac{\partial E'}{\partial z} = \frac{\partial H'}{c\partial t} \ \ (12)$$
3) Plug equations $(5)$ and $(8)$ into $(3)$ to get
$$E' = \frac{1}{c} v' H_0 \ \ (13)$$
4) Take the partial derivative with respect to time on both sides of equation $(12)$ and plug it into $(13)$. Such a calculation yields an equation for $H'_{tt}$ in terms of $v'_{tz}$ (recall that second partial derivatives are commutative here). This equation is:
$$v'_{tz} = \frac{1}{H_0} H'_{tt} \ \ (14)$$
5) We just need to get another equation in terms of $v'_{tz}$. This can be achieved by taking the partial derivative with respect to $z$ on both sides of equation $(10)$. By doing so you get
$$v'_{tz} = \frac{H_0}{4 \pi \rho} H'_{zz} \ \ (15)$$
6) Finally combine $(14)$ and $(15)$ to get the desired result
$$H'_{tt} = v^2 H'_{zz}$$
Where
$$v = \frac{H_0}{\sqrt{4 \pi \rho}}$$