It isn't pure magnesium like those thin strips you're thinking of. They are often alloyed with various metals.Aren't magnesium shavings quite flammable? Might that be an issue for some use cases?
From
Magnesium alloys are mixtures of (the lightest structural metal) with other metals (called an ), often , , , , , and . Magnesium alloys have a structure, which affects the fundamental properties of these alloys. of the hexagonal lattice is more complicated than in metals like aluminium, copper and ; therefore, magnesium alloys are typically used as cast alloys, but research of alloys has been more extensive since 2003. Cast magnesium alloys are used for many components of modern and have been used in some ; magnesium is also used for camera bodies and components in .