Since September, global copper prices have entered a new phase of sharp increases, with LME copper prices surpassing USD 10,700 per ton and the main domestic copper futures contract on the Shanghai Futures Exchange surging to a high of CNY 85,960 per ton. Major accidents at Indonesia's Grasberg copper mine, exponential growth in AI computing power demand, and the reshaping of power transmission frameworks driven by the new energy revolution have elevated copper to a critical strategic resource. In terms of concept stocks, from September 24 to the present, Jiangxi Copper Co., Ltd.'s cumulative gains in Hong Kong-listed shares have exceeded 50%, Zijin Mining has risen over 18%, and Southern Copper's share price on the US market has increased by nearly 8%.