In a double boiler or small saucepan, melt the coconut oil, tallow, and beeswax over medium heat, stirring occasionally.
Add cayenne pepper, ginger, and turmeric powder. Simmer gently for 20 minutes to infuse.
Remove from heat and carefully strain the mixture through cheesecloth into a clean bowl or jar.
Let cool for 5–10 minutes, then stir in the essential oils.
Pour into a half-pint glass jar and allow to cool completely at room temperature.
Seal and store in a cool, dry place. Apply a small amount to the affected area as needed.