I have had luck using ammonia. Not sure how it would play with the goop you've already added. I'm no chemistry wiz, but I believe it acts on the aluminum oxidation rather than the iron oxide. Good luck, this can be a huge time suck.
In my last shop we used to tell people that it was going to be at least $100 and maybe $300 if it took all day. I have hack sawed seat posts lengthwise, but would not do it that way again!
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