Filming will start in June 2016 and will end in August 2016 and it will happen in Italy. The film's production will heavily use CGI to recreate the source material's various elements such as Alphonse Elric's armor. Directed by Fumihiko Sori (Ping Pong, Asihata no Joe), Fullmetal Alchemist is slated for a summer 2017 release.
[Source: Crunchyroll News, Tokyo Otaku Mode]