AC/DC are working on a new album.

The rock band haven't released a studio LP since 2014's 'Rock or Bust', but it's believed lead guitarist Angus Young has been working on a new release, which will feature his late brother Malcolm Young - who died last year - on '' every track.''

A source told Dallas publication JAM Magazine: ''Turns out, five years prior to the 'Black Ice' LP, AC/DC's 15th studio release, Angus and Malcolm Young lived together where they literally wrote hundreds of songs, many were recorded and have been stashed away until now.

''Angus has decided to select the best tracks from those recordings that Malcolm played on and is now back in the studio recording and mixing them with fellow band mates Phil Rudd, Cliff Williams and yes, Brian Johnson on vocals.''

Malcolm tragically passed away in November last year at the age of 64, following a three-year battle with dementia.

AC/DC - which was co-founded by Malcolm and Angus - confirmed the sad news in a Facebook post at the time, writing: ''Today it is with deep heartfelt sadness that AC/DC has to announce the passing of Malcolm Young.

''Malcolm, along with Angus, was the founder and creator of AC/DC.

''With enormous dedication and commitment he was the driving force behind the band. As a guitarist, songwriter and visionary he was a perfectionist and a unique man. He always stuck to his guns and did and said exactly what he wanted.

''He took great pride in all that he endeavored.

''His loyalty to the fans was unsurpassed. (sic)''

The 'Highway to Hell' rockers recruited Guns N' Roses' Axl Rose for their tour last year after their frontman Brian Johnson was forced to quit the band in 2016 due to hearing loss, but it's not yet known whether he will join them for the album.