This is not the first time we've recently heard of Lost Planet 2. We broke first the news last month that Dead Rising and Lost Planet developer Keiji Inafune had mentioned sequels for both titles.
The Dead Rising 2 was revealed earlier this month.
The game takes place ten years after the prequel and contains jungle environments as well as the snow-covered ones of the first game. Lost Planet 2 features co-operative play as well as a Gears of War style cover system.
Resident Evil 5 producer Jun Takeuchi is producing the Lost Planet sequel.
The game is not currently dated, but the 435.62MB Lost Planet 2 trailer is now available on Xbox LIVE.
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