Mithril Ingot

"Mithril! All folk desire it. It could be beaten like copper, and polished like glass; and the Dwarves could make of it a metal, light and yet harder than tempered steel. Its beauty was like to that of common silver, but the beauty of mithril did not tarnish or grow dim."

- Gandalf, The Fellowship of the Ring, Book II, Chapter 5, A Journey in the Dark

Mithril is the most powerful, expensive and rare ingot in the game. It can make the strongest armor and tools that are even more powerful than its diamond counterparts, which are no longer obtainable in Middle-Earth.

Obtaining the Ingot
Mithril ingots come from mithril ore, which can only be found in the Misty Mountains at layer 16 or below, and can be mined using any pickaxe with more than 4 attack damage. When it is mined, mithril ore drops from the ore block, not the ingot. It can be smelted into an ingot using any forge.

Mithril can also be very rarely obtained as loot from chests in Dwarven mines.

Nine mithril nuggets can be consumed to craft one mithril ingot. Mithril nuggets are sometimes found as loot in various structures, including Hobbit Holes and underwater Elven ruins. Dwarf miners will, on rare occasions, drop mithril nuggets when killed. They can also be rarely found in troll hoards.

Crafting
Each mithril ingot can be crafted into nine mithril nuggets.

Mithril ingots are used to craft mithril equipment, armor, chandeliers, trimmed Dwarven bricks and crossbows.

Related Achievements
 True Silver: Mine a mithril ore.

Treasures of Old: Equip a full set of mithril armor.

More than Meets the Eye: Suffer a blow from an Orc spear while wearing a mithril chestplate.