Things you needs:
1.5 oz. cocoa butter (non-deodorize)
1 oz. beeswax
1.5 oz. shea butter
.01 oz. pure Vitamin E
3-5 drops peppermint essential oil (optional)
Melt together the cocoa butter, shea butter and beeswax over a double boiler. Once the butters and wax have completely liquefied, remove from heat. Stir to ensure the mix. Add Vitamin E and stir to incorporate. Add the essential oil and stir to combine. While mixture remains hot, pour into lip balm containers.