The exact properties of Mithril are unknown. Some claim it to be a magical metal. Others claim its just an extraordinary one. Whatever its properties and origins are, its effects are well known. It is immune to rust and completely unbreakable. It sharpens to a fine edge and is lighter weight than steel improving its potential damage.
A lustrous metal alloy whose manfacture is unique to the elves, mithril is also called true-silver and is a light, strong metal immune to rust and possessing great magical potential. Mithril is prized by warrior-mages. Mithril is used most in the manufacture of light weapons and armor, although like all magical metals, pure mithril items are rare, with decorative etching or coats more likely.