SECURITIES AND EXCHANGE COMMISSION


                              WASHINGTON, DC 20549


                                    FORM 8-K

                                 CURRENT REPORT


                Pursuant to Section 13 or 15(d) of the Securities
                              Exchange Act of 1934



                                November 13, 2002
 -------------------------------------------------------------------------------
                (Date of Report, date of earliest event reported)



                           TITANIUM METALS CORPORATION
 -------------------------------------------------------------------------------
             (Exact name of Registrant as specified in its charter)



 Delaware                  0-28538                    13-5630895
--------------------------------------------------------------------------------
(State or other           (Commission                (IRS Employer
 jurisdiction of           File Number)               Identification
 incorporation)                                       Number)



1999 Broadway, Suite 4300, Denver, CO                      80202
--------------------------------------------------------------------------------
(Address of principal executive offices)                  (Zip Code)


                                 (303) 296-5600
 -------------------------------------------------------------------------------
              (Registrant's telephone number, including area code)


                                 Not Applicable
 -------------------------------------------------------------------------------
             (Former name or address, if changed since last report)





Item 5:     Other Events

         On November 11, 2002 the Registrant issued the press release attached
hereto as Exhibit 99.1, which is incorporated herein by reference. The press
release relates to an announcement by Registrant of the signing of a Letter of
Intent appointing Titanium Industries, Inc. as the exclusive North American
distributor of certain of the Registrant's products.


Item 7:     Financial Statements, Pro Forma Financial Information and Exhibits

       (c)  Exhibits

            Item No. Exhibit List
            -------- -----------------------------------------------------------

            99.1     Press Release dated November 11, 2002 issued by Registrant.














                                   SIGNATURES


     Pursuant to the  requirements  of the Securities  Exchange Act of 1934, the
Registrant  has duly  caused  this  report  to be  signed  on its  behalf by the
undersigned hereunto duly authorized.



                                    TITANIUM METALS CORPORATION
                                    (Registrant)


                                    By: /s/ Joan H. Prusse
                                        -------------------------------
                                        Joan H. Prusse
                                        Vice President, Deputy General Counsel
                                           and Secretary


Date: November 13, 2002








                                                                    EXHIBIT 99.1

                                  PRESS RELEASE


FOR IMMEDIATE RELEASE:                            CONTACT:

Titanium Metals Corporation                       Investor Relations and Media:
                                                  ----------------------------
1999 Broadway, Suite 4300                         Mark A. Wallace
Denver, Colorado 80202                            Executive Vice President
                                                  and Chief Financial Officer
                                                  (303) 296-5615

                                                  Product and Technical:
                                                  ---------------------
                                                  Carmen Mauro
                                                  Sales Mgr Industrial
                                                  (832) 467-1834


             TIMET AND TITANIUM INDUSTRIES SIGN LETTER OF INTENT ON
              NORTH AMERICAN DISTRIBUTION OF CERTAIN TIMET PRODUCTS

DENVER,  COLORADO . . .  November  11, 2002 . . .  Titanium  Metals  Corporation
("TIMET")  (NYSE:  TIE) and  Titanium  Industries  Inc.  have signed a letter of
intent  agreeing in principle to TIMET's  appointment of Titanium  Industries as
the exclusive North American  distributor of titanium pipe, fittings and flanges
produced by TIMET.  TIMET produces  titanium pipe,  fittings and flanges through
its subsidiary, Loterios S.p.A., in Milan, Italy.

Titanium  Industries  will stock a full range of Loterios  products  for sale in
North  America.  Loterios  is one of the  world  leaders  in the  production  of
titanium  pipe,  fittings  and  flanges.  Titanium  Industries  has a successful
history of distributing these products in the North American market.

For more information on Titanium Industries,  please contact them in Parsippany,
New Jersey at (973) 984-8200.  TIMET,  headquartered in Denver,  Colorado,  is a
leading worldwide  producer of titanium metal products.  Information on TIMET is
available on the World Wide Web at http://www.timet.com/

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