Do not miss the action from the North Greenwich Arena in London as the Australian Women's Basketball team gets ready to face Russia in the bronze game at the 2012 Olympics. The action begins at 2 p.m. ET/7 p.m. GMT. 

Both teams are coming fresh off of loses in the semifinals.

Australia was defeated by the U.S. 86-73, losing their bid to claim the gold medal at the Olympic Games. 

Russia suffered a loss to France in the semis after being defeated 81-64.

The two teams met already in the first round of action as they played in the Group B pool. 

Australia took the game 70-66 in a close match in the fourth meeting of the first round .

Russia's Irina Osipova led the team in scoring with 15 points and 9 rebounds. She also added 3 assists.

Alena Danilochkina helped out with 13 points.

For Australia Elizabeth Cambage scored 17 while leading the team to victory.  She also grabbed 10 rebounds in that matchup. Suzy Batkovic helped with 15 points and 2 assists.

This matchup will be must see. To catch the action live from London, CLICK HERE.