NOVELTY - A liquid composition comprises a liquid suspension medium having suspended small particles of a biomass material and small particles of an inorganic material.    USE - In the preparation of a bio-oil; as a binder, as a construction material, and as a feedstock in a process (including oil refinery process such as gasification, Steam reforming, thermal cracking, coking, catalytic cracking, hydro-cracking, or hydro processing, and fluid catalytic cracking process with a low cracking activity catalyst) where the biomass material is converted to liquid or gaseous fuels and/or to the valuable specialty chemicals.    ADVANTAGE - The inorganic material stabilizes the suspension, so that it is transported by pipeline or road transport (such as tank car) without developing sediment to a central processing location, such as the suspension is fed into a low cracking activity zone of the fluid catalytic cracking (FCC) unit (including the stripper or regenerator). The liquid compositions are sufficiently stable to allow them to be transported to a processing plant where they may be subjected to further processing. The pumpability of the compositions improves the economics of transportation in such a way that it more than offsets the additional costs of transporting the liquid suspension medium and the inorganic material.    DETAILED DESCRIPTION - INDEPENDENT CLAIMS are included for the following:    (1) preparation of liquid composition of biomass suspended in a liquid suspension medium, and is stabilized by small particles of an inorganic material, involving contacting particles of the biomass with the liquid suspension medium having dissolved precursor material in the inorganic particles; allowing the solution to coat and/or penetrate the polymeric material; and modifying the conditions to cause the formation of an inorganic particulate material from the precursor material; and    (2) preparation of cellulose-containing polymeric liquid suspension comprising small particles of an inorganic material involving either soaking the cellulose polymeric material with an aqueous solution of a divalent metal and a trivalent metal, and initiating the formation of a microcrystalline inorganic material; or soaking the cellulose polymeric material (such as biomass) with an aqueous solution of a cation or anion of a metal capable of forming a particulate inorganic compound, initiating the formation of a precursor to a particulate inorganic compound, and aging to convert the precursor to the particulate inorganic compound.