Loy Yang brown coal treated with cobalt acetate/ammonium molybdate (Co/Mo) gave lower conversions than the very high values obtained for the same coal treated with nickel acetate/ammonium molybdate (Ni/Mo) when reacted with hydrogen at 400°C. The difference in conversions obtained between the two catalyst systems decreased with increasing time. Addition of sulphur as carbon disulphide (CS 2 ) eliminated the difference between the Co/Mo and Ni/Mo catalyst systems, but neither system was more active than a sulphided Mo catalyst. Addition of a hydrogen donor solvent, tetralin, to a reaction in the absence of sulphur decreased conversion for the Ni/Mo catalysed system, but increased that for the Co/Mo system. The order of activity in reactions without solvent or added sulphur for the coal treated with the individual metals was Co Mo < Ni. In the presence of sulphur the order was Co Ni < Mo; the addition of sulphur led to no significant improvement with Co catalysts.