Raw Material Price Volatility: Significant fluctuations in the prices of key raw materials such as copper, cement, and other metals can directly impact production costs, profitability, and project feasibility.

Global Economic Slowdown: Reduced demand from key downstream industries like automotive, construction, and electronics due to a global or regional economic downturn can adversely affect sales volumes and overall revenue.

Environmental and Regulatory Compliance Risks: Increasing global environmental regulations, including carbon emissions targets and waste management standards, could lead to higher compliance costs, operational restrictions, or potential penalties if not met.