I suppose any solid fat would work, generics included, but after a couple decades I'm still using that first can, so cost isn't really an issue. Might be worth trying beeswax, or something like Johnson paste wax (which is carnauba, beeswax, and kerosene). Paste wax is the best thing ever for saw tables, mill tables, etc. (There is a minor issue with lacquer/paint after cutting on a waxed surface, easily avoided by cleaning first).
For tapping and drilling in Al, I use Relton A-9. If you can find the green can, it won't stink of cinnamon, and it does work extremely well.
Like sulfochlorinated cutting oil, this is getting hard to find. I buy in gallons now, when I find these. Like detergents, the old chemistry works a lot better than the stuff the EPA is forcing into the market.