UNITED STATES
                       SECURITIES AND EXCHANGE COMMISSION
                             Washington, D.C. 20549

                                    FORM 8-K

                                 CURRENT REPORT
                       Pursuant to Section 13 OR 15(d) of
                       The Securities Exchange Act of 1934

        Date of Report (Date of earliest event reported) August 26, 2004


                           TITANIUM METALS CORPORATION
 -------------------------------------------------------------------------------
             (Exact name of registrant as specified in its charter)


        Delaware                     0-28538                 13-5630895
--------------------------------------------------------------------------------
(State or other jurisdiction         (Commission            (IRS Employer
      of incorporation)              File Number)            Identification No.)


1999 Broadway, Ste. 4300, Denver, Colorado                         80202
(Address of principal executive offices)                       (Zip Code)

        Registrant's telephone number, including area code (303) 296-5600
                                                          ----------------------


 -------------------------------------------------------------------------------
         (Former name or former address, if changed since last report.)

Check  the  appropriate  box  below  if the  Form  8-K  filing  is  intended  to
simultaneously  satisfy the filing obligation of the registrant under any of the
following provisions (see General Instruction A.2. below):

[ ] Written communications pursuant to Rule 425 under the Securities Act (17 CFR
230.425)

[ ] Soliciting  material  pursuant to Rule 14a-12 under the Exchange Act (17 CFR
240.14a-12)

[ ] Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange
Act (17 CFR 240.14d-2(b))

[ ] Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange
Act (17 CFR 240.13e-4(c))




     SEC8873(6-04)              Potential persons who are to respond to the
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                                are not required to respond unless the form
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  Item 7.01       Regulation FD Disclosure.

     The  registrant  hereby  furnishes the  information  set forth in its press
release issued on August 26, 2004, a copy of which is attached hereto as Exhibit
99.1 and incorporated herein by reference.

     The information,  including the exhibit,  the registrant  furnishes in this
report is not deemed  "filed"  for  purposes  of  section  18 of the  Securities
Exchange Act of 1934, as amended,  or otherwise  subject to the  liabilities  of
that  section.  Registration  statements  or  other  documents  filed  with  the
Securities and Exchange  Commission  shall not incorporate  this  information by
reference, except as otherwise expressly stated in such filing.



  Item 9.01       Financial Statements and Exhibits.

         (c)      Exhibits.

Item No.         Exhibit Index

99.1             Press Release dated August 26, 2004, issued by the 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)

                                   /s/ Joan H. Prusse
                                   ---------------------------------------------
                                   Joan H. Prusse
                                   Vice President, General Counsel and Secretary



Date: August 26, 2004








                                INDEX TO EXHIBITS

Exhibit No.       Description

99.1              Press Release dated August 26, 2004, issued by the registrant.






                                                                    EXHIBIT 99.1

                                  PRESS RELEASE


FOR IMMEDIATE RELEASE:                                  CONTACT:

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


                     TIMET EXTENDS LABOR CONTRACT TWO MONTHS

     DENVER,  COLORADO . . . August 26, 2004 . . . Titanium  Metals  Corporation
(TIMET) (NYSE: TIE) announced that it has entered into a two-month  extension of
the  collective   bargaining   agreement  covering  the  hourly  production  and
maintenance  workforce at its titanium sponge and melting facility in Henderson,
Nevada.  That group of approximately  300 employees is represented by the United
Steelworkers of America (Local 4856). The agreement, entered into at the request
of the USWA to address scheduling conflicts, extends the existing labor contract
that was due to expire on October 2, 2004, through December 10, 2004.

     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.

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