As reported by Deadline, the actress will join the pair for The Instigators, the new film from Doug Liman. With a script from Chuck MacLean, the plot follows two thieves who go on the run with one of their therapists after a botched robbery.
Ben Affleck, Casey's brother, is producing the film alongside Damon. It's the latest collaboration in a long line that included their Academy Award-winning script for Good Will Hunting.
Liman and Chau have both worked with Damon before as well, in The Bourne Identity and Downsizing, respectively.
Chau, who has also appeared in Watchmen and The Menu, received a Best Supporting Actress nomination at the upcoming Academy Awards for her performance as Liz in The Whale, which was based on Samuel D Hunter's stage play.
"The way the play ends is, Ellie [played by Sadie Sink] has the last line of the essay: 'It made me feel glad for my…' And she's cut off by the stage direction — 'a sharp intake of breath'," he explained.
"'Charlie [her father, played by Brendan Fraser] looks up and has a sharp intake of breath. End of play.'"
"I actually didn't know about the beach scenes until I saw a rough cut," he continued.
"It was just kind of an incredible surprise. I was so intensely moved by it. I was just like: 'Oh my God, that's perfect'."
Lead star Brendan Fraser, who's expected to challenge for the Best Actor Oscar on the night, recently spoke about his process of playing Charlie.
"I didn't feel scared. I felt — I don't know — energised. I felt enthusiastic," he said.
"I felt like: 'That's going to be a good challenge. That's new. I haven't seen that before.' I felt really inspired."
The Instigators doesn't yet have a release date. The Whale is out in cinemas now.
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