I would think that would be a key parameter to figure out before thinking of ways to use the material.
Another key property would be its toxicity profile.
Good question, but there are more as well. Ease of manufacture, workability,...
Rosy scenario: cheap to produce, moldable, workable with common hand tools, this stuff replaces wood, traditional metal, and most plastics immediately. Within a decade, anyone can own a rustproof car, an unsinkable boat, a forever home...
Not-so-rosy scenario: After spending years and billions of dollars, scientists claim it's almost as good as Styrofoam and only 5K a pound!