The duration of the high-grade matte converting process is short, the amount of slag is small, and it is difficult for the original impurity removal operation in the low-grade matte converting process to meet the current production demand. Because the removal method for impurity elements during high-grade matte converting is unclear, the phase transformation of impurity elements during this process is investigated in this study. The results show that arsenic exists mainly in the form of FeAsO4 and As2O5, antimony in the form of Sb and Sb2O5, and lead in the form of PbS and PbO in high-grade matte. During the converting process, arsenic and antimony mainly exist in the melt in the form of oxides and gradually aggregate into large particles with increasing copper content in the melt. Lead exists in matte in the form of PbS until the end of the converting process, and PbS is not completely oxidized until the matte converted to blister copper phase. The phase transformation characteristics of copper, iron, sulfur and impurity elements in the process of high-grade matte converting were revealed. This study provides a theoretical reference for the formulation of an efficient impurity removal scheme for the converting process.