Metal particle oxidation is an important factor in catalysis. Water-induced oxidation is well-known to occur during Fischer-Tropsch synthesis (FTS) and can lead to deactivation [1][2][3][4]. Air oxidation/reduction treatments are observed to increase the initial activity in FT catalysts [5,6]. Thus, oxidation can either lead to significant deactivation [1][2][3][4] or to improved activity [5,6]. Several ex-situ TEM studies were undertaken to reveal the effects of these different oxidation environments on the metal particle morphology in an experimental supported Co-based FTS catalyst.In all cases, catalyst was prepared for TEM by crushing it into fines using an agate mortar and pestle. The fines were dusted onto a 200 mesh, holey-alumina-coated TEM grid. The grid was transferred into a specially designed ex-situ reactor where it was treated and then moved via an inert transfer protocol into a Philips CM200F for examination [7]. Metal particles were imaged in the bright field (BF) TEM mode at an accelerating voltage of 200 kV, and areas of interest were "mapped" so that the same metal particles could be re-examined subsequent to each reactor treatment.In the case of the dry (lab) air oxidation, the material was given an initial 400 C, 4 h treatment under H2. The reduction was followed by a 350 °C, 3 h air oxidation. Examination of the reduced material revealed distinct Co metal particles on the support (Figure 1a). Similar to previous observations [8][9][10] the air oxidation treatment resulted in the formation of torus-shaped structures (Figure 1b). This hollow dome morphology results from diffusion rate differences between the cobalt and the oxygen ions at elevated temperatures.The effect of a water (steam)-based oxidation was studied next. The experimental catalyst was first reduced in the reactor (1.2 MPa H2, 400 C, 8 h) and then held under FTS conditions (2 MPa H2:CO ~2.1:1, 215 °C) for 1 h. The gas hourly space velocity (GHSV) was specifically controlled to create high CO conversion (high water partial pressure) conditions around the TEM grid. The TEM grid was then given a low temperature reduction (1.2 MPa H2, 215 C, 4 h) followed by another 1 h FTS treatment.Significant morphological changes accompanied the water-based oxidation (Figures 2a-2c). Instead of forming the torus presented during a dry air oxidation, a metal oxide/hydroxide species developed. This species wet the support so effectively that it was essentially "invisible". However, subsequent rereduction of the metal oxide/hydroxide resulted in distinct metal particles. It is the spreading of this oxide/hydroxide species that is well-known to allow adjacent metal particles to "reach" each other and ultimately coalesce resulting in deactivation during FTS [4].