James Bond producers are keen to cast actor in the role of an antagonist in the upcoming film.
If things work out, the actor, who has played villain in the "Harry Potter" movies and "Alice and Wonderland", would join Daniel Craig as 007 and Ben Wishaw as Q.
Danny Boyle is directing the film.
Everyone thinks Angelina Jolie is going to get the part but bosses want Helena more. At the moment they are just finalising the cast," a source told The Mirror.
If Jolie gets the role, it would mark her second time acting alongside Craig after 2001's "Lara Croft: Tomb Raider".
The new Bond movie, the 25th in the series, is scheduled to release in 2019.
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