You can get away with just putting a 4-40 socket head screw in the existing hole. It is aluminum, yes it should be drilled out but a little persuasion and the 4-40 will go in. Or use a tap on the existing hole. Or, get a
M3 socket head cap screw from your local fastener supplier. Microfasteners will have them as well as McMaster Carr. There are probably more "ors" but one of the above will get the job done.