Light metal alloys are extensively used in automotive, aerospace, aircraft, and military sectors since their lightweight leads to reduced energy consumption, increased fuel efficiency, and better environmental protection. In the present situation, nanomaterials are the potential candidate for weight saving in the structural application and can meet stringent government norms. Nanomaterial was heat-treated in the furnace to about a certain temperature and time and then normalized for strengthening. The heat-treated nanomaterial undergoes different forging processes, namely, hot forging and cold forging, using a certain capacity’s hydraulic press. Hence, in this work, an extensive study on the influence of the prestrain annealing, the corrosion rate on differently treated samples, and the effect of sensitization heat treatment on the nanomaterial was done.