Mg-BASED ALLOY

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An Mg-base alloy shows that an Mg-base alloy, which is added Zn and Al to magnesium, has a composition represented by (100-a-b) wt % Mg-a wt % Al-b wt % Zn, and satisfying 0.5≦b/a. The alloy can reduce yield anisotropy, which is a serious problem for the wrought magnesium alloy, while maintaining a high strength property. The alloy is produced by additive elements, such as Zn and Al, which are easily obtained in place of rare earth elements.