In a heat-safe glass jar or double boiler, gently melt the tallow and beeswax over low heat. Stir occasionally until fully liquid.

Stir in jojoba or olive oil, and beetroot powder if you are tinting the lip balm. Mix thoroughly and remove from heat.

Carefully pour into empty lip balm tubes, small tins, or jars. A small funnel or dropper makes this step easier.

Let your lip balm cool and harden at room temperature (about 1 hour). Once solid, cap and label.

Store at room temperature in a cool, dry spot. This balm will last at least 12 months due to the stability of both tallow and beeswax.