Your right, I should have wrote thorium element, my understanding is that thorium has a higher refractive index.
It's not just higher refractive index.
When a designer chooses glasses, there are two main considerations:
- Refractive index (n): You want this to be HIGH
- Disperson (Vd): You want this to be LOW
(but not the only ones, since there are others, including more finer data about dispersion, cost, cost of machining, abrasion resistance, etc.)
Inexpensive glasses, that are suitable for use in camera lenses, have either:
- High n but high Vd
- Low Vd but low n as well.
The more expensive glasses are the ones that have high refractive index(n) AND low dispersion (Vd).
In the past one of those glasses were the glass types that contained thorium. Still, today a lot of specialist camera glass is made with a great variety of elements. There are some glasses that have almost no silica (si) in it!
So since thorium can be an occupational hazard for the glass workers, manufacturers, long ago, shifted to other glass types that can be as good or even better.
Most Inexpensive or reasonably-priced camera lenses are made with inexpensive glass in all or almost all elements. They can be very good as well and the lens designer has many ways to ensure high performance, not necessarily using expensive glass. The Nikon 50/1.8 AI long nose, for example, is a lens that has no expensive glasses (Source: patent research by Marco Cavina) yet it has an excellent reputation for high performance.
Expensive glasses can be really expensive and can drive costs up.