I'm not sure I follow the thinking. What's wasteful about it?
Most aluminum is manufactured in nations that are primarily hydroelectric-powered, like Canada, Brazil, Norway, and Argentina, so even its high electrical demands are not overly polluting. Unlike most materials, the ability to be extracted by pure electricity allows easy "clean" manufacture of aluminum with all manner of renewable energy sources, unlike, say, steel, which is most easily extracted with the assistance of a lot of carbon and sees enormous amounts of CO2 production. The main aluminum ore is bauxite, which is just aluminum, oxygen, and hydrogen, so there's not a significant waste stream.
And aluminum is so recyclable. It takes only 5% as much energy to recycle aluminum as it does to make it in the first place, and its a lossless recycling. Aluminum recycling covers about a third of aluminum needs, representing over 10 million tons of fresh aluminum annually.
Aluminum doesn't kill wild life. It doesn't form big patches in the ocean, it doesn't poison the land, it doesn't choke seabirds and baby seals. Aluminum cans might give goats indigestion, but since they seem fine with tin and steel cans I wouldn't worry about aluminum.
Finally, unlike a lot of resources, aluminum is abundant. Its 8% of Earth's crust by weight.