Abstract: The present invention provides a magnesium alloy material excellent in mechanical properties without using specific manufacturing facilities and processes and a method of manufacturing the same. The magnesium alloy material is an Mg—Zn—RE alloy containing, as an essential component, Zn and at least one of Gd, Tb, and Tm as RE, and of the rest including Mg and unavoidable impurities, and has stacking faults of a thickened two-atomic layer of Zn and RE in the alloy structure of the Mg—Zn—RE alloy. A method of manufacturing a magnesium alloy material involves a casting step, a solution treatment step, and a heat treatment step and the heat treatment step is carried out in a condition satisfying ?14.58 [ln(x)]+532.32<y<?54.164 [ln(x)]+674.05 and 0<x?2, wherein y denotes the heat treatment temperature (K) and x denotes the heat treatment time (h).

Abstract: Disclosed is a magnesium alloy material which can be produced without the need of employing any specialized production facility or process and has excellent mechanical properties, particularly high elongation. Also disclosed is a process for producing the magnesium alloy material. The magnesium alloy material comprises a Mg—Gd—Zn alloy comprising 1 to 5 mass % of Zn and 5 to 15 mass % of Gd as essential ingredients, with the remainder being Mg and unavoidable impurities, wherein the Mg—Gd—Zn alloy has a long period stacking structure in its alloy structure and also has Mg3Gd and/or Mg3Zn3Gd2. The process for producing the magnesium alloy material comprises a melting/casting step and a forging processing step for subjecting the casted material to a hot forging processing at a predetermined processing rate.