Social factors such as demographics, culture, religion, consumer buying patterns, and media can impact industries by influencing purchasing habits and lifestyle choices. For Apollo Global Capital Inc., which became a holding company focused on magnetite mining through its subsidiary JDVC, social factors may influence the marketability and success of its mining operations. Technological developments in automation, information technology, and production systems are also important factors, as JDVC aims to implement state-of-the-art, high-technology methods for extracting and processing magnetite iron sand.