Applications of magnesium alloys are motivated mainly by their lightweight. However, manufacturing cost should also be evaluated when considering applying them. From this point of consideration, adoption of sheet forming processes, which previously have not been heavily researched, should be an option. This paper is intended to pioneer the study of the formability of magnesium alloy AZ31 out of rolled sheets at elevated temperatures. The rolled microstructures are examined and correlated With their formability. Post-forming conditions will also be investigated. The tool employed to perform the sheet forming experiments was a punchless die-setting which used pressurized gas to press the sheet into a female die cavity. This technique applied to Mg-alloy is unconventional and warrants attention for its potential utilization in the industry.