It has often been likened to talcum powder. The ultra fine lunar surface material known as the regolith is crushed volcanic rock. For visitors to the surface of the moon it can be a health hazard, causing wear and tear on astronauts and their equipment, but it has potential. The fine material may be suitable for building roads, landing pads and shelters. Researchers are now working to analyze its suitability for a number of different applications.
One of the first priorities would be to establish a suitable permanent landing area on the moon. Without it, every time a lander arrives, the fine regolith will get kicked up and disturbed and may very well play havoc with other equipment in the vicinity. The particles can be quite sharp too so it may be quite abrasive on equipment.