Update: It appears the track will form part of a Sgt. Pepper's covers album featuring Tame Impala, Phantogram, Foxygen, Zorch and more.

Having teamed up recently to perform 'Yoshimi Battles the Pink Robots' at a concert in Los Angeles, Miley Cyrus and the Flaming Lips hinted at a collaboration via Wayne Coyne's instagram account (check out the photo here).

Taking to Instagram again, Coyne posted the picture you can see above, confirming the Beatles cover news. Andrew VanWyngarden of MGMT fame is also set to feature on the cover.

Watch the aforementioned 'Yoshimi...' performance to get an idea of what to expect:

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