It has been my experience that cast-iron fines in the coolant will leave a nasty embedding of iron particles in the aluminum. You end up with aluminum that rusts and exhibits galvanic corrosion that starts from the moment the part is being cut.
Bigger shops that do a variety of parts often have a nice coolant filtration system that prevents this from occurring, without having to have material-specific machines or coolant swap-outs. I don't have this luxury.
As I anodize my aluminum at-home, I have had some experience with the problems caused by this scenario...and it was only after much frustration that the light-bulb came on in my head and I was able to remedy it.
Besides which, cast-iron cuts beautifully without coolant, so it's not like you're depriving yourself of any benefits by going this route. YMMV, but I don't like to give out bad advice, free or not.