Core Viewpoint - The copper smelting industry is facing significant challenges due to "involutionary" competition, leading to persistently low copper concentrate processing fees, which is a major concern highlighted during the recent meeting of the Copper Industry Association [1] Group 1: Industry Challenges - The "involutionary" competition in the copper smelting sector is damaging both national and industry interests, deviating from the high-quality development direction [1] - The Copper Industry Association has submitted materials to relevant national departments, proposing specific measures to strictly control the expansion of copper smelting capacity [1] Group 2: Regulatory Actions - National authorities are currently accelerating research on how to strengthen the standardized management of copper smelting capacity construction, with expected results soon [1] - The Copper Industry Association emphasizes the need for enhanced research and monitoring of capacity to support the implementation of relevant policies [1] Group 3: Future Outlook - There is optimism that, through the collective efforts of all member units, the Chinese copper industry can overcome its current difficulties and contribute more significantly to the high-quality development of the non-ferrous metal industry [1]