Draconium

Draconium is a rare resource that spawned after the Great Trigger. It is mined from deep underground using alien technology, and is instrumental in the invention of most modern tools and resources, like the Internet, guns and modern armor. Nobody knows where it came from or what it's true nature is, but it has proven to be an invaluable material and without it, the people of Nirn wouldn't have their technology.

Properties
Draconium spawns in veins, rarely appearing 500 meters underground and getting more common with depth. The ores are processed into dust and then smelted into ingots. It is stored similar to gold. Also similar to gold, it occurs in nature mostly in it's elemental form, rather than in the form of compounds and alloys.

Draconium in it's pure form is a metal that's five times stronger than steel while only being a third of the weight, as well as being completely vibration absorbent. This makes the material nearly indestructible, as any attempt to physically damage the material will be negated on a molecular level as mechanical/kinetic energy will be absorbed instead of breaking any bonds in its molecular matrix. In general, this means that draconium can absorb a wide variety of physical impacts, including high-caliber bullets, without taking any damage or weakening.

Awakened Draconium
Draconium can undergo an intense ritual-like process involving a lot of energy and material, converting it into it's Awakened form. Awakened Draconium is full of energy and can be used as a power source. This energy replenishes over time, but if fully drained it will never come back. This energy makes this form of Draconium even more indestructible than it's regular form, as it uses the energy to completely repel any damages done to it.