<p>This invention relates to a method and apparatus for drying particulate material wherein the particulate material is passed through an enclosed chamber. A heated fluid is introduced into a portion of the enclosed chamber to heat and absorb the moisture from the particulate material. A cooling fluid is introduced into a portion of the enclosed chamber to cool and absorb moisture from the heated particulate material. The particulate material is recirculated through the enclosed chamber until the desired degree of drying is achieved.</p>