MELBOURNE, AUSTRALIA - JAN 30th:Maynard Keenan of Tool performs on stage at the Melbourne Big Day out at Flemington racetrack
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Good news for despondent Tool fans: That album you've been waiting seven years for will finally arrive early next year! So says drummer Danny Carey, who is currently working on new music with guitarist Adam Jones and bassist Justin Chancellor in Los Angeles, where the trio will soon be joined by singer Maynard James Keenan.

"It's still the three of us right now... just working on all our parts and working on our compositions together," Carey told Loudwire. "Stylistically, we're trying to push things in different ways, but it always comes out sounding like Tool no matter what we're trying to do. We're working everyday on it and it's going really well, so I'm hoping we'll get into the studio by the end of the year."

When asked about possibly releasing the LP in 2013, Carey said, "I doubt it. Right now, since we haven't started tracking stuff at this point, it'll be hard. We could have the record finished by the end of the year—that's a possibility, but the logistics of getting it manufactured and getting the record company in line and all this stuff, I doubt we'll be able to get it out before Christmas. We'll see how it goes. Most likely, it'll be early 2014."