Yes...but alumilite threads pretty darn nice and easy, so why bother building a mold for casting the threads when you can tap them out in less than a minute?
Threading is not rocket science. Get yourself a Beall chuck. Spin your blank to fit in whichever collet you are going to use, basically matched to the finish size of the pen your making. Wrap some tape around the end of the blank to add some structural strength. Mount a drill chuck in the tail of the lathe. Drill the blank to size according to which tap you will use. Now install the tap into the drill chuck. shoot some cooking spray in the hole and on the tap. Slide the tail up to the hole. using two hands, slowly push the tail into the pen as you turn the live side by hand. Make 1/2 a turn or so then back off to clear the threads then in again..in and out till you are deep as you wish to go
The pen section is done basically the same way, but this time you use the die. You can purchase a die holder from someplace like Enco, they are not too expensive. The die holder allows you install the die in your drill chuck. All this easily accomplished with any wood lathe. Unless you are confident with the threading tools on a metal lathe, then on a metal lathe you would do it the same way too. Especially the tapping part..I see people with metal lathes tend to use a tap rather than the threading attachment because it is probably quicker and easier is my guess.