Sintered magnesium alloys, which were fabricated by Spark Plasma Sintering (SPS) method, were examined to study corrosion characteristics by electrochemical method, XRD and EPMA. The binary mixtures alloys of a low-melting-point metal powder (Sn, Bi, Sb) of1.0 vol.% and the pure magnesium powder were prepared. In the Mg-1.0vol.%Bi and Mg-1.0vol.%Sn, Mg3Bi2 and Mg2Sn precipitates was recognized by XRD, respectively. In addition, formation of oxide along powder particle boundaries was observed by EPMA elemental mapping in all specimens. In the case of Mg-1.0vol.%Zn, precipitation of metallic compounds was not recognized by these experiments. According to the results of polarization curve measurements, the Mg-1.0vol.%Bi shows highest corrosion potential. However, corrosion rate which was estimated by Tafel method is relatively larger than other alloys due to Mg3Bi2 precipitation. This result suggests that Mg3Bi2 acts as cathode site. The Mg-1.0vol.%Sn shows superior corrosion rale in these alloys.