This study displays results of carbothermal reduction researches of titanomagnetite concentrate obtained during complex apatite-titanomagnetite-ilmenite ore dressing. The mineral composition was analyzed and the structural and textural features of the titaniferous ore of Kropivensky deposit and the titanomagnetite concentrate obtained from it were revealed. The mechanism of solid-phase carbothermal the titanomagnetite concentrate reduction is investigated. Temperature-time parameters have been discovered to ensure the formation of both products with the maximum yields of iron and titania from metal and slag-phase during titanomagnetite concentrate reduction. One-stage resource-saving flow chart of titanomagnetite concentrate processing with mass fraction up to 25% TiO2 is developed.