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



                                  March 3, 2003
 -------------------------------------------------------------------------------
                (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  February  28, 2003 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  regarding  changes in the
Registrant's financial organization.

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

       (c)  Exhibits

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

            99.1      Press Release dated February 28, 2003 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/ Matthew O'Leary
                                     ----------------------------------------
                                      Matthew O'Leary
                                      Corporate Attorney and Assistant Secretary


Date: March 3, 2003








                                                                    EXHIBIT 99.1
                                  PRESS RELEASE

FOR IMMEDIATE RELEASE:                              CONTACT:

Titanium Metals Corporation                         J. Landis Martin
1999 Broadway, Suite 4300                           Chairman, President
Denver, Colorado 80202                                & Chief Executive Officer
                                                    (303) 296-5600


                TIMET ANNOUNCES CHANGE IN FINANCIAL ORGANIZATION
                -------------------------------------------------

     DENVER,  COLORADO . . . February 28, 2003 . . . Titanium Metals Corporation
(NYSE:  TIE)  announced that Ivan  Muzljakovich,  TIMET's Vice President & North
American Controller, has been named as acting Corporate Controller following the
decision by JoAnne Nadalin,  TIMET's Vice President & Corporate  Controller,  to
relocate  with her family  outside  of the Denver  area.  Mrs.  Nadalin  will be
leaving TIMET  effective  March 7 following  the filing of the company's  annual
report on Form 10-K. Mr.  Muzljakovich is assuming Mrs.  Nadalin's  duties on an
interim basis pending completion of a search for a replacement.

     TIMET Chairman,  President & CEO, J. Landis Martin,  noted,  "We appreciate
JoAnne's  years of  outstanding  service  to TIMET  and wish her and her  family
well."

     TIMET,  headquartered in Denver,  Colorado, is a leading worldwide producer
of titanium metal products. Information on TIMET is available on the internet at
www.timet.com.

                                   o o o o o