A series of bimetallic catalysts containing Co—Mo, Ru—Mo, Rh—Mo, Co—W, Ru—W and Rh—W on γ-Al 2O 3 have appreciable activity for the reduction of carbon monoxide with hydrogen under mild conditions (150, 300°C and 101 to 407 kPa). Ru-W/γ-Al 2O 3 had the highest overall activity and propensity for chain growth, Co—Mo and Co—W/γ-Al 2O 3 generated the highest yields of alkeneproducts, while Rh—Mo and (methanol and ethanol). Alkali promotion of the Ru—W/γ-Al 2O 3 catalyst increased the alkene content of the products but decreased the overall activity for carbon monoxide hydrogenation. X-ray photoelectron spectroscopy indicated that both Ru—W and Ru—Mo contain ruthenium with a slightly higher binding energy after reduction than the monometallic ruthenium catalyst. Molybdenum and tungsten are not reduced. X-ray photoelectron spectroscopy of the fresh Rh—Mo/γ-Al 2O 3 catalyst indicates the presence of Rh III 2h, the rhodium is reduced, with a binding energy close to but slightly higher than that of bulk Rh 0. Here too, the molybdenum binding energy is unaffected by reduction, and the rhodium-to-molybdenum atom ratio remains constant, suggesting little or no further sintering. High pressure (250°C, 1724–6689 kPa, hydrogen: carbon monoxide = 0.75:1.0) reduction of carbon monoxide with hydrogen by 3% Rh-2.8% Mo/γ-Al 2O 3 produced predominantly dimethyl ether and methane. This catalyst's activity and selectivity are quite stable over prolonged period (>300 h). Transmission electron microscopy of used Rh—Mo/γ-Al 2O 3 shows that there is a bimodal distribution of particles (0.5 nm and 1.0—1.5 nm). Dedicated scanning transmission electron microscopy-energy dispersive spectroscopy of the particles indicates that the larger particles are enriched in rhodium (Rh-to-Mo>1.60) and the smaller in molybdenum (Rh-to-Mo<0.9). A structural model is proposed for Rh-Mo/γ-Al 2O 3 with two separate sites leading to oxygenates and hydrocarbons. Oxygenate production is attributed to chemistry at the smaller, molybdenum-rich site. It is believed that the role of molybdenum in this site is to act as a textural promoter, providing site-isolation of the rhodium.