Director Jon Favreau will reunite with star Robert Downey Jr for the sequel to this summer's blockbuster hit 'Iron Man'.

Deadline Hollywood Daily reports that Favreau has reached a deal with Marvel Studios for the film.

The plan is to have the sequel in cinemas on 30 April, 2010.

'Iron Man' has so far taken $563.8m across the world.

Read the 'Iron Man' review.