I have done all my Aluminium machining with my dust collection active. It’s not as good as a compressed air jet for cooling the cutter and clearing chips out of the cut, but I get very little hot shrapnel from the cut on the machine.
I have a cheap cyclone separator (a proper conical one which creates a vortex, not the dodgy side entry cylindrical) and then the shop vac has it’s dust filter installed upstream. I’ve not found any aluminium in the filter or collector bucket of the shop vac.