Hello,
See Table 4.1.1.1.1 of the NFPA 780 (2014 Edition) for Class I Material Requirements
See Table 4.1.1.1.2 of the NFPA 780 (2014 Edition) for Class II Material Requirements
See Section 4.2.2.3 of the NFPA 780 (2014 Edition) for General Aluminum Requirements
In short, YES. AL is suitable material for lightning conductors with special considerations.
Take care & be safe...