Unless its the rare optional magnesium hub it will most likely be aluminium. If its magnesium it will say it on there around the edge where the sprocket taps are, and it will have a textured kind of finish. It will be obvious. Aluminium can be easily welded. I would try to find another hub first.
the same hub can be found on
RM250B
RM250C
RM250C2
RM370B
PE250B
PE250C
PE250N
Ebay usually has some