Yes it is, but from your description , very gummy, thick and sticky like wax. doesn't sound like you knew what Eley lube is!
Hahahahaha. I know exactly what it is and quit your off topic trolling.
He didn't ask WHAT the wax was. He asked how they compare. Hence the wax comparison description. It's also known lapua uses Bees Wax and an unknown ingredient that Lapua won't say because their lube is proprietary. So, I could have said they both use bees wax.. would that have described the lube on these different types of ammo and how they differ. No!