Flash point is 438°F . Its about the only thing listed of importance on their Safety Data Sheet (SDS)RCBS Case Lube 2
I do the same thing but found that the 91% Isopropyl works fine. When first mixed I need to give it a shake before I spray but over time the lanolin dissolves completely. I give them a good spray then let them sit out for about 5 min to let the alcohol evaporate off.I’ve been using:
1. Small spray bottle
2. Lanolin oil (bought of Amazon for about $8.00)
3. Alcohol (100% from drug store)
I use 10% lanolin 90% alcohol, shake it up in the spray bottle and you will have enough for years.