They are the same material as headlight buckets, quarter panel end caps, fastback side vents, hood vents...
I don't know the exact composition, but a very good friend of mine helped me experiment on one that was damaged - replacing a missing stud. We removed material from a damaged quarter panel end cap to get the donor material, and shaped it into the form of the stud. The trick for welding ended up being the lowest setting on his TIG welder, plus a very low temperature rod. He tried all the rods he had on hand, but the base material melted, so he had to order additional rod samples until he found the right stuff. The repair turned out beautiful, can't be distinguished from an original casting. It will take the torque associated with attaching fasteners.
I can say that it is definitely not aluminum. Pot metal is probably an ok term, but it a bit too nebulous for me when I put my engineering hat on. One of these days I'll take a sample to the lab and get it analyzed on the mass spec.
BTW he just used the same method to repair one of those pesky early 67 hood vents with cracked posts. I'm thinking this is another opportunity to get into a side repair business...if I only had the time.