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The standard reduction potential (E°) for the half-reaction ( \text{Mg}^{2+} + 2\text{e}^- \rightarrow \text{Mg} ) is approximately -2.37 volts. This negative value indicates that magnesium is a relatively strong reducing agent and tends to lose electrons rather than gain them. As a result, magnesium is more likely to oxidize than to be reduced in electrochemical reactions.

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