TITANIUM METALS CORP
8-K, 1999-10-04
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

                                September 24, 1999

          --------------------------------------------------------------
                (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)


<PAGE>


ITEM 5:  OTHER EVENTS

         On September 24, 1999 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 its  introduction of
commercial grade zirconium mill products.

ITEM 7:  FINANCIAL STATEMENTS, PRO FORMA FINANCIAL INFORMATION AND EXHIBITS

         (C)      EXHIBITS

         Item No.  Exhibit List

         -----     -------------------------------------------------------------

         99.1      Press release dated September 24, 1999 issued by   Registrant



<PAGE>


                                   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:___________________________

                               Robert E. Musgraves
                               Vice President, General Counsel
                                  and Secretary

Date: September 24, 1999


<PAGE>




                                   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: September 24, 1999






                                                              EXHIBIT 99.1

                                  PRESS RELEASE

FOR IMMEDIATE RELEASE                CONTACT:

Titanium Metals Corporation          John P. Monahan
1999 Broadway, Suite 4300            President--Global Service Center Operations
Denver, Colorado   80202             (303) 296-5616


                      TIMET ANNOUNCES THE INTRODUCTION OF

               ZIRCHEM(R) COMMERCIAL GRADE ZIRCONIUM MILL PRODUCTS

     DENVER, COLORADO . . . September 24, 1999 . . . Titanium Metals Corporation
("TIMET")  (NYSE:TIE) announced today that it has entered into an agreement with
CEZUS of Montreuil  Juigne,  France to cooperate in the  production  and sale of
commercial  grade zirconium mill products for the chemical  processing  industry
and other non-nuclear  applications.  CEZUS will provide ZIRCHEM 702,  zirconium
sponge,  melting  and ingot  conversion  services to TIMET for  subsequent  mill
product production by TIMET's manufacturing facilities.

         In order to be able to offer prompt delivery response to inquiries, the
TIMET Service Center  network will build a finished  goods  inventory of ZIRCHEM
plate, sheet, bar, billet, pipe, fittings,  and welded tubing, plus intermediate
mill stock.  TIMET's nine Service Centers are  strategically  located across the
USA and Europe to offer timely  response to  inquiries  or  questions  regarding
ZIRCHEM 702  products  and  services,  in addition to our full array of titanium
products.

         TIMET's Henderson Technical Laboratory in Henderson,  Nevada has teamed
up with the CEZUS and TIMET  Savoie  laboratories  in Ugine,  France to  address
manufacturing  and corrosion  questions  regarding  ZIRCHEM 702 products.  These
laboratories have over 75 years of collective experience in addressing corrosion
problems  associated  with harsh  chemical  environments  and can offer suitable
materials suggestions to address unique environmental problems. Their experience
and  know-how  are  valuable  resources  to  customers  in  assessing  solutions
available via of a variety of TIMET produced materials and alloys.

         The  long-standing  quality  reputations  of both  TIMET and CEZUS will
assure our customers of quality  products at a reasonable  price and  dependable
deliveries.  All products and components  are  manufactured  in accordance  with
traditional industry specifications and standards such as ASTM and ASME.

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

- --------------------

ZIRCHEM(R) is a registered trademark of CEZUS.


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