Guy Pearce is in final talks to star opposite Robert Downey Jr. in Iron Man 3, Variety reports.
Pearce would play Aldrich Killian, a geneticist who develops the Extremis nano-technology used by Tony Stark.
It is unknown if, as in the comics, Killian will assist a terrorist in the spread of a nanobot virus.
Ben Kingsley has been cast as the villain (though his identity remains a mystery); Gwyneth Paltrow, Scarlett Johansson, and Don Cheadle will all return for the third instalment of the series.
Shooting on the Shane Black directed pic begins next month.
Iron Man 3 hits cinemas May 2013. The Avengers arrives this week.
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