Magnesium (Mg) and its alloys are considered an ideal material for aerospace, medical, energy, and automotive purposes, because of their low density and high specific strength. Researchers are interested in AZ alloys because of their superior flow characteristics. This review makes an effort to summarise the numerous processing methods that have been adapted for use with AZXX alloy. One of the main obstacles to Mg alloys being used in their intended context is the difficulty of processing Mg and its alloys. Curiously, the homogenization process is often used in tandem with extrusion and rolling. It also gives an insight into the microstructure, mechanical (hardness, tensile, impact, fatigue, and creep), and electrochemical corrosion properties of AZXX alloys. The improvement of AZXX alloy can be attributed to the grain boundary strengthening and the second phase strengthening mechanisms. The effects of Al content and phases on properties are extensively discussed. This article summarises what has recently happened with AZXX wrought Mg alloy and offers some predictions for its future.