The preparation of Mg 49 Y 15 Cu 36 metallic glass powders was accomplished by mechanical alloying of pure Mg, Y, and Cu after 10h of milling. The thermal stability of these Mg 49 Y 15 Cu 36 amorphous powders was investigated by differential scanning calorimeter (DSC). The T g , T x and ΔT x are 450, 492, and 42K, respectively. The as-milled Mg 49 Y 15 Cu 36 powders were then consolidated by vacuum hot pressing into disc compacts with a diameter and thickness of 10 and 1mm, respectively. After vacuum hot pressing, bulk Mg 49 Y 15 Cu 36 metallic glass with nanocrystalline precipitates homogeneously embedded in a highly dense glassy matrix was obtained. The applied pressure during consolidation can enhance the thermal stability and prolong the existence of amorphous phase inside Mg 49 Y 15 Cu 36 powders.