From Medivia Online Wiki
You see a Phenakite Bar.
It weighs 1.0 oz.
|Buy from:||Players only.|
|Sell to:||Players only.|
|Note:||You need to smelt 5 Phenakite Ore to obtain one Phenakite Bar.|
Can be used to craft various items at Grazlin.
For more information, take a look at Mining.