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



                                December 4, 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 December 3, 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 approval by its board to set the
close of business  on December 6, 2002 as the record date for a special  meeting
of  stockholders  of the Company to consider the  previously  announced  reverse
stock split proposal approved by the Company's Board.

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

       (c) Exhibits

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

           99.1       Press Release dated December 3, 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: December 4, 2002








                                                                    EXHIBIT 99.1
                                  PRESS RELEASE

FOR IMMEDIATE RELEASE:                             CONTACT:

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


            TIMET ANNOUNCES DATES FOR SPECIAL MEETING OF STOCKHOLDERS

     DENVER,  COLORADO . . . December 3, 2002 . . . Titanium Metals  Corporation
("TIMET" or the "Company")  (NYSE:  TIE) announced  today the Company's Board of
Directors  has set the close of  business on December 6, 2002 as the record date
for a special  meeting of stockholders of the Company to consider the previously
announced reverse stock split proposal approved by the Company's Board.

     Only the holders of TIMET's  common stock,  at the close of business on the
record date, will be entitled to notice of, and to vote at, the special meeting.
The stockholders' meeting is currently scheduled for 9:45 a.m. (Central Time) on
Tuesday,  February  4, 2003 at the  offices  of Valhi,  Inc.,  located  at Three
Lincoln Centre, 5430 LBJ Freeway, Suite 1700, Dallas, Texas.

     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/.

                                    o o o o o