TITANIUM METALS CORP
8-K, 2000-01-25
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

                                January 18, 2000

 ------------------------------------------------------------------------------
                (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 January 18, 2000 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  the  sale  of
Registrant's castings interest.

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

        (c) Exhibits

            Item No.  Exhibit List

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

            99.1      Press release dated January 18, 2000 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: /s/ Robert E. Musgraves

                               Robert E. Musgraves
                               Vice President, General Counsel
                                  and Secretary

Date: January 18, 2000



                                                                  EXHIBIT 99.1

                                  PRESS RELEASE

FOR IMMEDIATE RELEASE                          CONTACT:

Titanium Metals Corporation                    Robert E. Musgraves
1999 Broadway, Suite 4300                      Vice President & General Counsel
Denver, Colorado  80202                        303-296-5600

                          TIMET SELLS CASTINGS INTEREST

     DENVER,  COLORADO . . . January 18, 2000 . . . Titanium Metals  Corporation
("TIMET")  (NYSE:TIE)  announced  today  that it has  closed  on the sale of its
interest in Wyman-Gordon  Titanium  Castings,  LLC, its titanium  castings joint
venture with  Wyman-Gordon  Company,  which is now a wholly owned  subsidiary of
Precision  Castparts Corp.  (NYSE:  PCP).  TIMET's minority interest was sold to
Wyman-Gordon in connection  with the sale of the entire titanium  castings joint
venture by Wyman-Gordon to Ladish Co., Inc. (Nasdaq: LDSH).

         Titanium Metals Corporation,  headquartered in Denver,  Colorado,  is a
leading worldwide integrated producer of titanium metal products. Information on
TIMET is available on the World Wide Web at http://www.timet.com/.

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