It'll be Cast aluminum mate, i personally would go ahead and see if i could straighten it, but i have access to weld ally (im not sure if you do) and even if it were cast ally aint the best thing in the world to weld.
To remove it, i believe you will find 4 bolts in a square arrangement around the boot ont the arm, if you take these out that arm (and the rest of it) will slide out. Be sure to stick some rag or a plug in the hole to prevent foreign particles entering the box.
I am unsure of one thing though and that is if the arm is connected to the internals in such a way that it will prevent you from removing it.
hope this helps in some way.
GL!
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