Aluminum alloys have been used for pommels and such in production straight knives of the Marbles/Western/Camillus genre, but I dont think it is used much for higher quality custom work. Aluminum comes in many, many alloys, some of which may be suitable, some not. Aluminum is difficult to finish and requires different methods from steel or brass. Remember how your aluminum ladder from Lowe's always stains your hands black from the omnipresent surface oxide? Aluminum is a very reactive metal, but self-seals with a surperfical layer of aluminum Oxide. You may want to reserve your find to making fixtures and shop tools. I am sure we have folks here that can add much more.