Barbie is swapping her hair brush for a pickaxe with the new doll.
Action figures, plush, cosplay, collectables and more are on the way.
Hasbro will produce and bring to market toys, games and role play items for Saban's evergreen brand from April 1st 2019.
According to NPD data, Mattel's range has surpassed licensed brands in entertainment and films to nab the top spot.
The collection will hit retailers in Autumn 2018.
Among the partners on board to launch new lines across popular properties are LEGO, Playmates Toys, Rubies, Kidrobot and more.
The launch follows the successful integration of the Hot Wheels brand into the Rocket League video game last year.
The new agreement grants Wicked Cool Toys the rights to create a dynamic line of colour-on plush that features Crayola markers, paints and more.