© The author; licensee Universidad Nacional de Colombia. Magnesium and its alloys are some of the materials that have had notable growing progress in recent years. This interest in magnesium base alloys is due to both, its physical and mechanical properties, as well as the search for alternatives to less polluting materials. In order to provide an overview of the possibilities that the use of this material has in the domestic industry, this work gives a look at the basic aspects of the material and the processes of obtaining; its most promising applications and with potential to be developed in Colombia. Finally, the authors discuss their research and results on this material, seeking to be employed as inputs for the implementation of processes and products at the commercial level.