Lin will take the helm for the upcoming fifth instalment of the Terminator franchise. He explained that he "sat down unofficially" with Cameron and original leading man Arnold Schwarzenegger.
"Terminator is something I've been having a lot of fun with," Lin told Playlist. "Just even this week, I had a great meeting with Arnold and James Cameron, just sitting down unofficially.
"And James is so gracious because he's not part of the project, he's not going to be producing, but it was great of him just as a film-maker to take time out to just talk."
Meanwhile, Lin has dropped out of directing the upcoming Highlander reboot, according to The Hollywood Reporter. Lin also recently dropped out of directing the fifth Die Hard movie starring Bruce Willis.
Schwarzenegger will be returning to the Terminator franchise, but will not be the main star of the movie.
Lin will also be directing a sixth Fast & Furious movie starring Vin Diesel, following the success of Fast Five.