jats:titleAbstract</jats:title>jats:pA rhenium promoted Fischer‐Tropsch (FT) cobalt catalyst supported on γ‐Aljats:sub2</jats:sub>Ojats:sub3</jats:sub> has been investigated by Transmission Electron Microscopy (TEM) and X‐ray Diffraction (XRD), before and after reduction. Electron diffraction, High Resolution TEM and Electron Energy Loss Spectroscopy were used to confirm the oxidation state. Cobalt aggregate, particle and crystallite sizes have been studied in detail and measured by TEM and XRD. A cobalt particle size of 10.0±2.4 nm obtained from bright field TEM images for the reduced material is consistent with the XRD analysis of the calcined catalyst. After reduction dark field TEM imaging gave a volume‐weighted crystallite size of 7.5±2.5 nm, which is close to the value obtained by XRD. The particles had lost the parallel orientation and physical continuity within the alumina pore structure that were present before reduction. The latter was confirmed by electron tomography. Lamellae identified with the presence of Hexagonal Close Packed cobalt were observed in the predominantly Face Centred Cubic particles.</jats:p>