TITANIUM METALS CORP
8-K/A, 1997-11-17
SECONDARY SMELTING & REFINING OF NONFERROUS METALS
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                       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, 1997

               (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 13, 1997, the Registrant issued the press release attached
hereto as Exhibit 99.1, which is incorporated herein by reference.  The press
release relates to the relevant record and payment dates for the convertible
preferred securities issued by TIMET Capital Trust I formed by the Registrant.


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


     (c)  Exhibits


          Item No.                        Exhibit List


                          99.1     Press release dated November 13, 1997 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/ Robert E. Musgraves

                                   Robert E. Musgraves
                                   Vice President, General Counsel
                                   and Secretary



Date: November 17, 1997



                                 PRESS RELEASE



FOR IMMEDIATE RELEASE                        CONTACT:


Titanium Metals Corporation                  Joe Compofelice
1999 Broadway, Suite 4300                    Chief Financial Officer
Denver, Colorado   80202                     (281) 423-3303



      TIMET ADVISES OF RELEVANT DATES FOR CONVERTIBLE PREFERRED SECURITIES


     DENVER, COLORADO . . . November 13, 1997 . . . In response to investor
inquiries, Titanium Metals Corporation ("TIMET") (NASDAQ: TIMT) advises that the
record dates for quarterly distributions made with respect to the 6-5/8%
Convertible Preferred Securities, Beneficial Unsecured Convertible Securities
(BUCS)sm, of TIMET Capital Trust I, a statutory business trust formed by TIMET,
are February 15, May 15, August 15, and November 15 (unless and until otherwise
changed in accordance with the instruments governing the trust).  These dates
apply without regard to whether or not they fall on a business day.

     Quarterly distributions on the Convertible Preferred Securities are payable
(subject to the terms of the indenture and other instruments governing the
trust) on March 1, June 1, September 1, and December 1 (unless and until
otherwise changed in accordance with the instruments governing the trust).  In
the event that any date on which any such distributions are payable is not a
business day, payment of such distributions will generally be made on the next
succeeding business day.
     TIMET will advise by public release in the event any of such dates are
modified in the future.

     TIMET, headquartered in Denver, Colorado, is a leading worldwide integrated
producer of titanium metal products.

                             o    o    o    o    o



Salomon Inc has filed applications with the United States Patent and Trademark
Office for the registration of the Beneficial Unsecured Convertible Securities
(BUCS) and BUCS service marks.




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