The aim of the present work was to evaluate the potential for superplastic deformation of the AZ31 magnesium alloy produced by Twin Roll Casting (TRC), a continuous casting technology able to convert molten metals directly into a coiled strip. In order to develop a superplastic microstructure, the TRC sheets were heated at 400 °C for 2 h, then rolled by multiple passes with re-heating between them, with a total thickness reduction of about 60%. The superplastic behaviour of the alloy was studied by tensile tests, carried out at in the temperature range from 400 °C to 500 °C and with initial strain rates of 1•10-3 s-1 and 5•10-4 s-1. The microstructural and fractographic characterization of the alloy was carried out by means of optical (OM) and scanning electron microscopy (SEM). The tensile tests evidenced a superplastic behaviour of the processed AZ31 Mg alloy, with a maximum elongation to failure of about 500% at 460 °C, with a strain rate of 5•10-4 s-1. The microstructure of the alloy after superplastic deformation showed fine and equiaxed grains, with a large fraction of high angle boundaries. Analyses of the fracture surfaces evidenced flow localization around the grains, suggesting that grain boundary sliding (GBS) was the main deformation mechanism. Failure occurred by cavitation, mainly at the higher testing temperature, due to the prevailing effect of grain growth.