AP | WireImage
According to AceShowBiz, the song will be called 'Love & Rock' and will raise funds for children with heart problems. Appropriately enough, the tune is expected to be released on Valentine's Day.
Miley and Shakira are also reportedly planning on performing the song live at charity event on February 14, and will film a music video for the song, too. Neither of the stars have confirmed any of the claims just yet.
Would you want to hear a collaboration between Miley and Shakira? Do you think the charity song is a good idea? Let us know your thoughts in the comments.