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



                                  May 22, 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 May 22, 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 the election of Directors at
the Registrant's Annual Stockholders Meeting.

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

         (c)  Exhibits

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

              99.1       Press Release dated May 22, 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: May 22, 2003








                                                                    EXHIBIT 99.1
                                  PRESS RELEASE

FOR IMMEDIATE RELEASE                                   Contact:

Titanium Metals Corporation                             Bruce P. Inglis
1999 Broadway, Suite 4300                               Vice President - Finance
Denver, Colorado 80202                                    & Corporate Controller
                                                        (303) 296-5600


         TIMET ELECTS BOARD OF DIRECTORS AT ANNUAL STOCKHOLDERS' MEETING

     DENVER,  COLORADO  . . . May 22,  2003 . . .  Titanium  Metals  Corporation
(NYSE: TIE) held its Annual Stockholders'  Meeting on May 20, 2003, at which six
incumbent and one new member of TIMET's Board of Directors were elected, each to
serve until the next Annual meeting of Stockholders. The members of the Board of
Directors are: J. Landis Martin, Chairman, Norman N. Green, Dr. Albert W. Niemi,
Jr., Glenn R. Simmons,  Steven L. Watson,  Terry N. Worrell (newly  elected) and
Paul J. Zucconi.

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


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