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The phrase "a long term element" is correct and usable in written English.
It can be used when discussing something that is intended to last or be relevant over an extended period of time.
Example: "In our strategy, we need to focus on a long term element that will ensure sustainable growth."
Alternatives: "a long-lasting component" or "a sustained factor".
Exact(1)
The bonuses are split into two: a long term element worth 100% of their annual salary and an annual element worth up to 60% of their salary.
Similar(59)
There is a long-term element in everything you do; it is not always about tomorrow.
Ogden classified painful school experiences as a long-term element of risk.
Explores applications of isotope methods to a number of water column processes, including particle scavenging, sedimentation, long term element budgets, redox processes, and air-sea exchange.
There is also a long-term commercial element; everyone knows that the first one won't have any sponsorship problem, but people are concerned about the long term".
But there are deeper, underlying and long-term elements at play.
The various alloying elements are divided into four categories according to their main effects on these properties, comprising base elements, mechanical strengthening elements, long term stability elements and the oxidation resistance elements.
In the late 1970's, however, Professor Granger developed ways to analyze the relationship between two statistics that had both a long-term trend and an element of randomness.
This implies that recruitment for a long-term study with these elements might be difficult, yet not impossible.
The rich IS fossil record buried in Wolbachia genomes provides direct empirical evidence for a long-term evolutionary dynamics of IS elements following a scenario of cyclic bursts of transposition separated by periods of relative transpositional quiescence as previously suggested based on the analysis of exclusively recent IS copies (Wagner 2006; Wagner et al. 2007).
It is the most visible element of a long-term $14.8 billion highway project known here as the Big Dig.
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Since I tried Ludwig back in 2017, I have been constantly using it in both editing and translation. Ever since, I suggest it to my translators at ProSciEditing.

Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com