Indiana Jones is returning - and Cate Blanchett may be along for the ride.

The award-winning actress is reportedly negotiating a role in the fourth installment of the Indiana Jones series. Harrison Ford has already signed on to portray the fedora-wearing adventurer.

Cate Blanchett won a 2005 Best Supporting Actress Academy Award for The Aviator, and this year received a supporting nomination for her role in Notes On A Scandal.

Steven Spielberg will direct the film, scheduled to begin shooting in June in Los Angeles and undisclosed international locations.

Paramount Pictures will release Indy 4 worldwide on May 22, 2008.