Abstract: A method of preparing a titanium-based metal matrix composite. In one form, titanium hydride can be added to substantially pure titanium, an alloying material and a source of boron such that a mixture of these materials can be compacted and sintered in a powder metallurgy process to produce a component made up of a titanium boride reinforced titanium alloy. In another form, the substantially pure titanium, alloying material and source of boron could be vigorously mixed (with or without the titanium hydride) to such an extent that oxide films that may have built up on the titanium precursor can be removed to minimize the presence of oxygen in the manufactured component.