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Bringing an updated news on one particular "X-Men" spin-off project, producer Lauren Shuler Donner has shared on what she knows about "Magneto". To Empire Online, she confirms that the proposed movie is in the works. "I think first we wanted to make Wolverine, and then David [Goyer, the attached director] took another film, and there wasn't a lot of time," she said. "But I'd like to make that - we'll have to see."

Adding that the script has been written, she emphasizes that the plot will deal with the younger Magneto and Charles Xavier. "We have a script on Magneto which is actually sort of Magneto and Charles Xavier. It's Erik and Charles in their early, early years," she explains, confirming the previous idea that the movie centers on the man who later becomes Magneto, Eric Lehnsherr and on the idealistic days of Professor X.

Before Donner talks about "Magneto", Production Weekly has come out with a synopsis of the film. It is told that the plot will "heavily involve Professor X". The synopsis also lets out that Erik and Charles meet after the war and the bond between the two is made over the realization that they are alike in their special powers. But their differences will turn them into arch enemies.

"Magneto" will be directed by David S. Goyer, who also provides the script. It is yet to have any actors to be attached to the project. Apart from "Magneto", another 20th Century Fox's "X-Men Origin" movie, "X-Men Origins: Wolverine", is on its way to the big screen. It will be released in U.S. theaters on May 1, 2009.