Introduction. Aluminum alloys are in high demand with the aerospace industry. From the viewpoint of various performance characteristic combinations, high-magnesium aluminum alloys with the addition of transition metals, such as Zr and Sc, are among the most future-oriented alloys. Alloy 1570 is one of the most popular in this group. Recent studies demonstrated the positive effect of 0.5 % hafnium addition on as-cast structure. Study objective is to study the effect of the addition of 0.5% hafnium on the structure and properties of aluminum alloy 1570 during thermomechanical treatment. The study addresses the effect of cold rolling, homogenization, and recrystallization annealing on mechanical properties and microstructure of the specimens from alloy 1570 and similar alloy with 0.5 wt. % hafnium addition. Study methodology: for the study, ingots were cast from alloy 1570 with and without additions of 0.5 wt. % of hafnium. The resulting ingots were homogenized for 4 h at 440 °С, followed first by hot rolling and then cold rolling. Cold-rolled specimens were annealed at temperatures 340 °С to 530 °С with a holding time of 3 hours. The homogenized, cold-rolled, and annealed specimens were examined using transmission and light microscopy. In addition, homogenized and cold-rolled specimens were subjected to uniaxial tensile tests to determine the mechanical properties of the studied alloy. Results and discussion. It is revealed that in an alloy containing hafnium, after homogenization annealing, there is a slight decrease in the average particle size and an increase in its total proportion in comparison with alloy 1570. In general, 0.5 % hafnium addition does not significantly affect the mechanical properties. The number of nanoparticles in both alloys increases, as does the yield strength compared to the as-cast state. When heated, both alloys demonstrate an increase in plasticity and a decrease in strength characteristics. Studies of the annealing effect on the grain structure of the studied alloys showed that hafnium increases the tendency of alloy 1570 to recrystallize. However, additional research is required to determine the reasons for this phenomenon.