Mg-14Li-1Al (LA141), LA141-0.3Y, LA141-0.3Sr, and LA141-0.3Y-0.3Sr alloys were prepared in an induction furnace in the argon atmosphere. The microstructures of these alloys were investigated through scanning electron microscope (SEM), X-ray diffractometer (XRD) and energy dispersive spectrometer (EDS). The results show that yttrium and/or strontium additions produce a strong grain refining effect in LA141 alloy. The mean grain sizes of the alloys with addition of Y and/or Sr are reduced remarkably from 600 to 500, 260, 230 μm, respectively. Al 2 Y, Al 4 Sr and Mg 17 Sr 2 phases with different morphologies are verified and exist inside the grain or at the grain boundaries, thus possibly act as heterogeneous nucleation sites and pin up grain boundaries, which restrain the grain growth.