Mithril is portrayed as a vital material for the survival of ... Mithril can be used to craft armor like the chainmail shirt ...

Yes, it's named after Mithril from the Lord of the Rings. (Bilbo Baggins gave Frodo a shirt made of Mithril chain mail once.) "It's the choice form of silver from the deepest mines.

The Rings of Power isn’t the first time we’ve seen mithril either – the chainmail shirt worn by Frodo (Elijah Wood) and Bilbo Baggins (Martin Freeman) in The Lord of the Rings: The ...