A380-800 Brake test in overweight landing situation.
To design brakes that can absorb millions of joules of energy, reach temperatures upwards of 5 thousand degrees, catch on fire and still not fail will require state of the art extreme engineering.
High performance sports cars and most aircraft use carbon-ceramic brakes since they are still functional even while burning. There's no magnesium in there. They are easy to put out, they usually just smolder out on their own.