Mg-Zn-RE alloys had a novel lond period stacking ordered (LPO) structure. Their rapidly solidified powder metallurgy (RS P/M) alloys exhibited a combination of high strength and god ductility (tensile yield strength above 550 MPa and elongation above 5%). The LPO Mg-Zn-RE RS P/M alloys had high elevated temperature strength (tensile yield strength above 380 MPa at 473 K) and exhibited a high-strain-rate superplasticity at higher temperatures. In Japan, a national project for developing high strength LPO Mg-Zn-RE RS P/M alloys has started at 2003 for 5 years, which is founded by the Ministry of Economy, Trade and Industry (METI) of Japan. In the national project, project targets in materials performances have been achieved. The developed LPO Mg-Zn-RE RS P/M alloys exhibited higher tensile yield strength, fatigue strength and corrosion resistance than high strength aluminum alloys of extra-super-duralumin (7075-T6).