The present invention discloses a low-cost high-strength anti-fatigue nonflammable wrought
magnesium alloy and a preparation method thereof. The
magnesium alloy comprises the following chemical components in percentage by
mass: 2.0-6.0% of Al, 1.5-4.0% of Ca, 0.2-0.8% of Mn, 0.1-0.8% of
rare earth (RE), and the balance Mg and trace inevitable impurities, wherein the RE is one or more of cheap
rare earth elements of La, Pr, Ce and Nd, and the content of the cheap
rare earth is not zero simultaneously. The
magnesium alloy provided by the present invention will meet the urgent need of users for high-performance materials, and the application of the
magnesium alloy to
magnesium alloy products, for example, load-bearing structural parts of
aerospace, vehicles, rail trains and so on, structural parts of
medical treatment, welfare and outdoor sport equipment, and parts (e.g., compressor scroll pans) having certain requirements for
heat resistance and fatigue performance, is expanded.