You don't need the high pressure. Metal foams are currently used in cases where energy absorption under stress is essential, in theory they could be used for many structural uses but they are still pretty expensive. (In one of my favorite sci-fi novels, metal foams from asteroidal material are used to make super-high skyscrapers in NYC
http://sff180.com/reviews/h/haldeman/worlds.html) Might make really good tank armor too, you could make vehicles that just a little heavier than infantry fighting vehicles but are as tough as a M1 Abrams.