After much speculation, Interscope records have finally confirmed that a new Eminem album is in fact under way and may very well be in stores before the end of the year.

According to Billboard, a representative for Interscope says there is no official release date nor a first single, but confirms that an album may come before the year’s end.

Eminem recently stopped by his Shade45 radio station for a rare interview in which he says he has been “bangin out tracks” for the new album.

“I’m concentrating on my own stuff right now -just banging out tracks,” Eminem said. “The more I keep producing, the better it seems I get. I start knowing stuff, learning the boards like the back of my hands.”

The forthcoming LP may be one of the most important records of Eminem’s career as it will be his return to music since 2004′s Encore which although commercially successful, was found to be critically disappointing to many.